Alpha Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2016:

Date	Activity	Quantity	Unit Price
5/1 5/5	Beginning Inventory Purchases	175 200	$10 $12
5/10	Sales	245	$25
5/15 5/20	Purchase Sales	300 300	$15 $30
5/25	Purchase	150	$16

Using the LIFO method, determine the dollar values following for the month of May:

1. Ending Inventory

2. Cost of Goods Available for Sale

3.Sales

4. Cost of Goods Sold

5. Gross profit