A company purchases inventory during the year in 4 batches, with unit and price amounts shown below: Batch # Units Price per Unit $2.10 9,500 2 $2.08 4,300 $2.04 3 3,600 $2.01 7,200 10,800 units were sold after Batch 2 was purchased, while 3,400 units were sold after Batch 3 was purchased. Required: 1) Calculate COGS and Ending Inventory under the FIFO method, using a Perpetual Inventory System. 2) Calculate COGS and Ending Inventory under the FIFO method, using a Periodic Inventory System. 3) Calculate COGS and Ending Inventory under the LIFO method, using a Perpetual Inventory System 4) Calculate COGS and Ending Inventory under the LIFO method, using a Periodic Inventory System. 5) If prices were increasing, moving from FIFO to LIFO would lead to: (Answer either higher, lower, no movement) COGS Ending Inventory Net Income