7 of 7 View Policies Show Attempt History < 1.67/2 E III Current Attempt in Progress Windsor, Inc. is a retailer operating in Calgary, Alberta. Windsor uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Windsor for the month of January 2022. Date Description Quantity Unit Cost or Selling Price Dec. 31 Ending inventory 165 $20 Jan. 2 Purchase 99 Jan, 6 Sale 200 Jan. 9 Purchase 81 Jan. 10 Sale 65 23 21 40 24 44 Jan, 23 Purchase 100 26 Jan. 30 Sale 130 47 (a2) Your answer is partially correct. For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round answers to O decimal places, e.g. 125) (1) LIFO. (2) FIFO. (3) Moving-average. LIFO Cost of goods sold FIFO 8923 $ 8623 Moving-average 8703 Ending inventory $ 16970 $ 16970 $ 16970 Gross profit $ 8047 $ 8347 $ 8267 eTextbook and Media