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Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each

Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period as if it uses a periodic inventory system.

The following are the transactions for the month of July.

Units Unit Cost July 1 Beginning Inventory 2,000 *$ 35

July 5 Sold 1,000

July 13 Purchased 6,000*39

July 17 Sold 3,000

July 25 Purchased 8,000 *41

July 27 Sold 5,000

Calculate the cost of goods available for sale, ending inventory, and cost of goods sold if Aircard uses (a) FIFO, (b) LIFO, or (c) weighted average cost. (Round "Cost per Unit" to 2 decimal places.)

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