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 2018, Carlson had three cars in inventory, as follows Car ID 203 207 210 Cost $105,000 105,000 108,000 During 2018, each of the three autos sold for $135,000. Additional purchases (listed in chronological order) and sales for the year were as follows: Car ID 211 212 213 214 215 216 217 218 219 Cost $105,000 105,000 106,500 108,000 111,000 109,500 114,000 111,300 117,000 Selling Price $135,000 138,000 not sold 141,000 145, 500 not sold 150,000 151,500 not sold Required: 1. Calculate 2018 ending inventory and cost of goods sold assuming the company uses the specific identification inventory methoo 2. Calculate ending inventory and cost of goods sold assuming FIFO and a periodic inventory systenm 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 Specific FIFO Periodic LIFO Periodic Method Periodic Average Cost Ending inventory Cost of goods sold Identification $ 318,000 $405,000