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(12 points). Trusted Tires has the following inventory records for the month ending July 31, 2021: Beginning Inventory Purchase #1 Purchase #2 Purchase #3 Trusted

(12 points). Trusted Tires has the following inventory records for the month ending July 31, 2021: Beginning Inventory Purchase #1 Purchase #2 Purchase #3 Trusted Tires sold 26 tires for $150 each during July. Units Unit Cost 18 12 15 Compute the ending inventory and the cost of goods sold for the period using (1) FIFO, (2) LIFO, and (3) Average Cost inventory methods. $100 $110 $115 $125

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