answer and explain question 2 only

The inventory records of the AAA Company indicate the following transactions in the month of June: Required: 1. Compute the cost of goods sold for June and the inventory at the end of June, using each of the following cost flow assumptions: 1) FIFO, 2) LIFO, 3) Average cost. Round your computations to 2 decimal places, if needed. 2. Compare periodic FIFO to perpetual FIFO, and compare periodic LIFO to perpetual LIFO in a period of rising prices. Include your computations here. Under periodic inventory system: Include your computations here. Under periodic inventory system: Under perpetual inventory system