4. Inventory method (15 pc Tonkolili Ine. uses a perpetual inventory system. The company's beginning inventory of the Captain Fresh Soap product and its purchases during the month of February were as follows: Quantity Total Cost Cost Beginning inventory (June 1) 120 S 1200 Purchase (June 13) Purchase (June 27) 11.30 Total S 1.592 160 On June 22. Tonkolili Inc, sold 240 units of this product for S15.00 Requirement Make the journal entry of the sales and cost of gold sold using the following methods a. FIFO b. LIFO e. Average Cost d. Specific identification (100 products from June 1, 140 from June 13.) B. Compute the ending Inventory for each method C. Compute the gross profit and rank the methods from high to low