Brutus Corporation, a newly formed corporation has the following transactions during May, its first month of operations May 1 Purchased 500 units @ $25.00 each 4 Purchased 300 units @ $24.00 each 6 Sold 400 units @ $38.00 each 8 Purchased 700 units @ $23.00 each 13 Sold 450 units @ $37.50 each 20 Purchased 250 units @ $25.25 each 22 Sold 275 units @ $36.00 each 27 Sold 300 units @ $37.00 each 28 Purchased 550 units @ $26.00 each 30 Sold 100 units @ $39.00 each Using the table provided, calculate total sales, cost of goods sold gross profit and ending inventory using each of the LIFO periodic inventory method Total sales: $56,975.00 Cost of goods sold: $36,431.25 Gross profit: $20,543.75 Ending inventory: $19.981.2 Total sales: $56,975.00 Cost of goods sold: $36,587.50 Gross profit: $20,387.50 Ending inventory: $19,825.00 Total sales: 556,975.00 Cost of goods sold: $37,312.50 Gross profit: $19,662.50 Ending inventory: $19.573.25 Total sales: 556,975.00 Cost of goods sold: $37.401.75 Gross profit: $19.573.25 Ending inventory $19.010.75