A company sells tires and uses a perpetual inventory system. The following is available for the month: (Click the icon to view the transactions.) (i) Indicate gross profit for the month assuming FIFO inventory costing. Gross profit is $ using the FIFO inventory costing method. (ii) Indicate gross profit for the month assuming LIFO inventory costing. Gross profit is $ using the LIFO inventory costing method. (ii) Indicate gross profit for the month assuming weighted average inventory costing. (For weighted average calculations, round per unit costs to the nearest cent and all other amounts to the nearest dollar.) Gross profit is $ using the weighted average inventory costing method. More Info Oct. 1 Beginning merchandise inventory 24 tires @ $ 61 each 11 Purchase 6 tires @ $ 76 each 23 Sale 16 tires @ $ 89 each 26 Purchase 14 tires @ $ 86 each 29 Sale 17 tires @ $ 89 each Print Done