A company purchases inventory during the year in it batches, with unit and price amounts shown below. units were sold after Batch 2 was purchased while 3400 units were sold after Batch 3 was purchased. Calculate COGS and Ending Inventory under the FIFO method using perpetual inventory system. Calculate COGS and Ending inventory under the FIFO method using a periodic inventory system. Calculate COGS and Ending inventory under LIFO method using a perpetual inventory system. Calculate COGS and Ending inventory under LIFO method using a periodic inventory system. If prices were increasing moving from FIFO to LIFO would lead to: COGS/Ending Inventory Net Income