Car Armour sells car wash cleaners. Car Armour uses a perpetual Inventory system and made purchases and sales of a particular product in 2017 as follows: Jan. 1 Beginning Inventory 120 units @ $ 6.50 = $ 780 Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 70 units @ $15.00 250 units @ $ 5.80 = 1,050 1,450 125 units @ $15.00 = 1,875 500 units @ $ 5.60 = 2,800 450 units @ $ 5.50 600 units @ $15.00 = = 2,475 9,000 Assume that Car Armour specifically sold the following units: Jan. 10 Mar. 15 70 units from beginning Inventory 25 units from beginning Inventory, and 100 units from the March 7 purchase units from the July 28 purchase, Oct. 5 320 and 280 units from the October 3 purchase Construct comparative Income statements for Car Armour (year-end December 31, 2017), similar to those shown in the chapter. Assume that operating expenses are $1,250. 1-a. Calculate the profit using (1) FIFO (II) Moving Weighted Average (III) Specific Identification. (Round the "Weighted-average cost" to 2 decimal places. Round other Intermediate answer to nearest whole dollar and round the final answers to 2 decimal places.) (i) FIFO (ii) Moving Weighted Average (iii) Specific Identification Profit