Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round average-cost method ans wers to 2 decimal places, e.g. 1,250.25 and other answers to decimal places, e.g. 1,250. Use weighted-average unit cost rounded to 2 decimal places for computations.) LIFO AVERAGE-COST FIFO The ending inventory 4500 4058 The cost of goods sold $ Gross profit Problem 6-05A a1-a3, b (Part Level Submission) (Video) ET You are provided with the following information for Cheyenne Inc. for the month ended June 30, 2020. Cheyenne uses the periodic method for inventory. Unit Cost or Selling Price Description Quantity Date 39 $39 June 1 Beginning inventory Purchase June 4 137 43 June 10 Sale 72 112 Sale return 16 72 June 11 June 18 Purchase 58 45 June 18 Purchase return 45 8 Sale 63 77 June 25 June 28 Purchase 31 49