Bonita Industries markets CDs of numerous performing artists. At the beginning of March, Bonita had in beginning inventory 2.500 CDs with a unit cost of $6. During March, Bonita made the following purchases of CDs. March 5 2,150 57 March 21 4,800 $9 March 13 4,000 March 26 2.150 $10 During March 12,000 units were sold. Bonita uses a periodic inventory system. Determine the cost of goods available for sale. The cost of goods available for sale $ 126,750 Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125) Average Cost $ 8,125 List of Accounts Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to O decimal places, e.g. 125.) FIFO LIFO AVERAGE COST 39.840 27.870 98,720 110.690 List of Accounts Which cost flow method results in (1) the highest Inventory amount for the balance sheet and (2) the highest cost