10. A company purchased 90 units for AED 20 each on January 31. It purchased 180 units for AED 25 each on February 28. It sold 180 units for AEO 60 each from March 1 through December 31. If the company uses the first-in, first-out inventory costing method, what is the amount of Cost Of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.) All in AED, no conversion necessary. (20 Points) Total costs Unit Cost Date Quantity $20 $1,800 90 Jan. 31 Feb. 28 $25 4,500 180 $6,300 Total 270 10a Using FIFO. calculate the Ending Inventory on 31 December. AED, (3 pts) Using FIFO, calculate the Cost of Goods Sold on 31 December. AED, 10b (3 pts) 10c Using LIFO, calculate the Ending inventory on 31 December. AED (3 pts) Using LIFO, calculate the Cost Of Goods Sold on 31 December. AED 10d (3 pts) 10e. Using Average Method, calculate the Ending Inventory on 31 December (3 pts) AED 10f. using Average Method, calculate the Cost of Goods Sold on 31 December (3 pts) AED Of the above methods used, which would give me the highest gross profit. 10g FIFO. LIFO, Average? (2Pts)