Baraka ltd buys and sells product Q-7. It values stock on the basis of FIFO. On 1 June 2019, stock in hand consisted of 6,500 units which were acquired at ksh. 50 per unit. The transactions for the month of June were as follows: Date Purchases Sales June 2 8,000 @ ksh.48 4 7,000 @ ksh. 60 5 6,500 @ ksh. 49 7 7,000 @ ksh. 47 11 12,000 @ ksh. 61 12 8,000 @ ksh. 50 13 8,000 @ ksh. 46 18 9,000 @ ksh. 62 19 10,000 @ ksh. 64 20 8,000 @ksh. 49 21 7,000 @ ksh. 65 22 9,000 @ ksh. 50 25 8,000 @ ksh. 49 26 4,000 @ ksh. 47 28 6,000 @ ksh. 60 29 15,000 @ ksh. 64 The company incurred operating cost of ksh. 450,000 during the month. Required: a) Prepare the stores ledger card using Simple Average and FIFO (10 marks) b) Prepare the trading account for the month under FIFO method. (5 marks)