4. Inventory flow (20 points) Grother Company uses the periodic inventory method and had the following inventory information available: A physical count of inventory on December 31 revealed that there were 350 units on hand. 1/1 Beginning Inventory 1/20 Purchase 7/25 Purchase 10/20 Purchase Units Unit Cost 100 $4 500 $5 100 $7 300 $8 What is the total in dollars of the goods available for sale? Determine the ending inventory and cost of goods sold for each of the methods Method Ending Inventory Cost of Goods Sold FIFO LIFO Weighted average Which method would recommend? Why? 51 Page