45. Tulip Company uses the perpetual inventory method. It provided the following inventory information. for_May: (3 pts.) May1 On hand 30 units@ $5.00 each May 8 Purchased 110 units@ $7.00 each. May 15 Sold 90 units@ $24.00 each May 24 Purchased 85 units@$8.00 each.... May 29 Sold 65 units@ $24.00 eac . $150 770 2,160 680 1,560 A. B. C. How many units are on hand on May 31? How much is the cost of ending inventory at May 31 using LIFO? How much is the cost of goods sold using FIFO