10 Scrappers Supplies tracks the number of units purchased and sold throughout each accounting period bit applies its inventory costing method at the end of each period, as if it uses a periodic inventory system. Assume its accouring records provided the following information at the end of the annual accounting period, December 31 TP Although the purchases and sales are sated on chronological order Scrappers determines the cost of goods sold at at of the purchases have occu Required 1 Compute the cost of goods available for sale, cost of ending inventory and cost of goods sold at December 31 under each of the following inventory costing methods: (Round "Cost per Unit" to 2 decimal places) 3. La tou Weighted average cost Fint fro Specific identification suing that the April Tse was selected one from the beginning inventory and four-ts from the purchase of March 2. Assume that the sale of August 1 wes selected from the purchase of June 30 2. Of the four methods, which will result in the highest gross prot? Which will result in the lowest income tavs Complete thation by taring your answers in the tabe b PO C 2 one placas)