Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal. what is the gross profit if the inventory is valued at FIFO? Gross profit (FIFO) \$ \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Ending Inventory } \\ \hline 1. & LIFO & 760@$3 & = & $2,280 & 450@$1 & m & $450 \\ \hline & & 750@$2 & = & 1,500 & (1,190750)=440@$2 & = & 880 \\ \hline & & & & $3,780 & & & $1,330 \\ \hline \multirow[t]{3}{*}{2.} & FIFO & 450@$1 & " & $450 & 760@$3 & " & $2,280 \\ \hline & & 1,060@$2 & = & 2,120 & 130@$2 & " & 260 \\ \hline & & & & $2,570 & & & $2,540 \\ \hline \end{tabular} (760+300)(1,190(760+300)) Attempts: 5 of Inventory information for Part 311 of Coronado Corp. discloses the following information for the month of June