5. Assume that a firm has 0 units of inventory on January 1, 2021 - the start of its 2021 fiscal year - and makes the following inventory related transactions in its first two-years of operations. 2021 fiscal year 2022 fiscal year Jan. buy 2 unit @ $ 2 (per unit) Sept. buy 5 units @ $ 14 (per unit) Mar. buy 3 units @ $ 6 (per unit) Dec. sell 3 units Nov. buy 3 units @ $ 9 (per unit) Dec. Sell 6 units

A. If the firm uses the first-in, first-out (FIFO) cost-flow assumption to account for its inventories, what amount of Cost of Goods Sold will it report on the 2022 Income Statement? Please provide a dollar amount. (1 point)

B. If the firm uses the FIFO cost-flow assumption to account for its inventory, what amount of Inventory will it report on its 2022 Balance Sheet (i.e., December 31, 2022)? Please provide a dollar amount. (1 point)

C. If the firm uses the last-in, first-out (LIFO) cost-flow assumption to account for its inventories, what amount of Cost of Goods Sold will it report on the 2022 Income Statement? Please provide a dollar amount. (1 point)

D. If the firm uses the LIFO cost-flow assumption to account for its inventory, what amount of Inventory will it report on its 2022 Balance Sheet (i.e., December 31, 2022)? Please provide a dollar amount. (1 point)

Please solve all for thumb up, thanks.