2. You have the following information for Van Gogh, Inc. for the month ended October 31, 2017. Van Gogh uses a periodic method for inventory. Description Units Date Unit Cost or Selling Price 60 $24 Oct 1 Beginning Inventory 120 26 Oct 9 Purchase 100 35 Oct 11 Sale Purchase Oct 17 100 27 Oct 22 Sale 60 40 29 Oct 25 Purchase 70 Oct 29 40 Sale 110 Calculate ending inventory, cost of goods sold, gross profit and gross profit rate under each of the following inventory costing methods: LIFO, FIFO, and Average-Cost. (12 pts) Show your work. B. Calculate ending inventory and cost of goods sold for Van Gogh as if they used a perpetual method of inventory (2 pts.) Show your work