chrome File Edit View History Bookmarks People Window HelpSee -HYPEBEAST Drtving Culture , D Chapter Apps PSU login 11 Nett Cascade D Blood DatPitf Tylenol Scholarship E7-7 Analyzing andeung the Financial Statement Effects of FIFO, LIFO, and Scoresby Inc. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31. Unit Cost $ 8 a. Inventory, Beginning 3,000 For the year b. Purchase, March 5 c. Purchase, September 19 d. Sale, April 15 (sold for $29 per unit) e. Sale, October 31 (sold for $31 per unit) f. Operating expenses (excluding income tax expense), $250,000 9,500 9 5,000 4,000 8,000 Required: 1. Calculate the number and cost of goods available for sale. Number of Goods Available for Sale Cost of Goods Available for Sale units 2. Calculate the number of units in ending inventory units 3. Compute the cost of ending inventory and cost of goods sold under (a) FIFO, (b) LIFO, and (Gl weighted