At the end of January 2014, the records of Donner Company showed the following for a particular item that sold at $16 per unit:

Transactions	Units	Amount
Inventory, January 1, 2014	500	$	2,365
Purchase, January 12	600		3,600
Purchase, January 26	160		1,280
Sale	(370)
Sale	(250)

Required:
1a.	Compute Cost of Goods Sold under each method of inventory: average cost, FIFO, and LIFO. For specific identification, assume that the first sale was selected from the beginning inventory and the second sale was selected from the January 12 purchase. (Round unit price to 2 decimal places. Input all amounts as positive values.)

Average Cost Beginning inventory Purchases January 12 January 26 Total FIFO Beginning inventory Purchases January 12 January 26 Total LIFo Beginning inventory Purchases January 12 January 26 Total Cost of Good Available for Sale Cost of Goods Sold Cost of Unit Available 2365 500 3,600 600 1.280 160 S 17.245 0 1,260 Cost of Goods Available for Sale Cost of Goods Sold Cost of cost per Goods Unit Available 500 4.73 2,365 0 6.00 3,600 0 600 160 8.00 1.280 S 1,260 7,245 Cost of Goods Available for Sale Cost of Goods Sold Cost of Cost of Unit Available 500 4.73 2,365 600 6.00 3,600.00 160 8.00 1,280.00 7245 0 1,260