2. Irving, Inc. began operations on January 1, 2018. Relevant information about inventory purchases and sales in January is shown below. Using this data to compute ending inventory and cost of goods sold for each of the following methods. Be sure your answer is organized well and easy to read and follow. # Units Cost $3.00 $3.20 $3.30 January 1 - 1.200 units January 7. Sold 700 units January 10 - Purchased 600 units January 13 - Sold 500 units January 18 - Purchased 1,000 January 18 - Sold 300 units January 20 - Sold 1.100 units January 23 - Purchased 1,300 January 26 - Sold 800 units January 28 - Purchased 1,600 January 31 - Sold 1,300 units $3.40 $3.50 Compute Ending Inventory and Cost of Goods Sold using: a. FIFO - Periodic b. LIFO - Periodic c. Average Cost d. LIFO - Perpetual e. Moving Average Cost - Perpetual