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. More Info (i) Using FIFO inventory costing January 5 February 15 Purchased 35 units at S120 each Gross profit Sold 25 units at $130 each Sold 5 units at $130 each Purchased 50 units at $125 each June 30 August 15 November Sold 20 units at S130 each (ii) Using LIFO inventory costing: Purchased 15 units at $130 each 28 Gross profit Print Done Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer (l) Using weighted-average inventory costing: (For calculations round cost per unit to the nearest cent. Round all other amounts to the nearest dollar.) Gross proft