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Carlson Auto Dealers Inc sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID

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Carlson Auto Dealers Inc sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2021, Carlson had three cars in inventory, as follows During 2021, each of the three autos sold for $90,000. Additional purchases (iisted in chronological order) and sales for the year were as follows. Required: 1. Calculate 2021 ending inventory and cost of goods sold assuming the company uses the specificidentification inventory method. 2. Calculate ending inventory and cost of goods sold assuming FIFO and a periodic inventory system. 3. Calculate ending inventory and cost of goods sold assuming LIFO and a periodic inventory system. 4. Calculate ending inventory and cost of goods sold assuming the average cost method and a periodic inventory system

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