A company had the following related to inventory during its first year of business: Click the icon to view the sales and purchases.) The company uses a periodic inventory system. Complete the following in the determination of gross profit for each of the inventory costing methods. Using FIFO inventory costing: Gross profit 11 (ii) Using LIFO inventory costing: = Gross profit - (i) Using weighted average inventory costing: (For calculations round cost per unit to the nearest cent. Round all other amounts to the nearest dollar.) Gross profit i More Info January 5 Purchased 35 units at $80 each February 15 Sold 10 units at $160 each April 10 Sold 15 units at $160 each June 30 Purchased 40 units at $125 each August 15 Sold 20 units at $160 each November 28 Purchased 15 units at $130 each Print Done