Bue Sprace Company uses the periodic inventory method and had the following inventory information available: 111 Beginning Inventory 120 Purchase 7/25 Purchase 10/20 Purchase Units Unit Cost Total Cost 100 $3 $300 500 $5 2500 100 $5 500 300 $6 1.800 $5,100 1.000 A physical count of inventory on December 31 revealed that there were 380 units on hand, Answer the following independent questions. (Round average cost per unit to 2 decimal places, eg. 5.25 and final answers to decimal ploces, ep 2520) 1 2 $ 3 Assume that the company uses the FIFO method. The value of the ending inventory at December 31 Assume that the company uses the average-cost method. The value of the ending inventory on December 31s Assume that the company uses the LIFO method. The value of the ending inventory on December 31s 4.la Determine the difference in the amount of income that the company would have reported if it had used the FIFO method instead of the LIFO method. Would income have been greater or less? $ $ $ I on.examity.com is sharing your screen. 4