ANSWERRRR ASAPPPPP PLEASEEEEE. ANSWER MUST BE TYPEDDDD

The following is the inventory records for Jim Kwok which just started its business on 1 January 2020. Assume that sales were at the beginning of each month and purchases were at the end of each month. Purchases Sales February May July January February April July September December 1,000 units @ RM 1.50 2,000 units @ RM 2.00 1,500 units @ RM 2.00 1,800 units @ RM 2.20 2,400 units @ RM 2.50 3,000 units @ RM 3.00 200 units @ RM 3.00 1,900 units @ RM 3.50 1,100 units @ RM 3.50 2,500 units @ RM 4.00 2,300 units @ RM 4.50 October December Required to CALCULATE: (a) The value of closing inventories using Last-in-first-out (LIFO) method. (10 marks) (b) The value of closing inventories using Weighted Average Cost (AVCO) method. (10 marks)