(Click the icon to view the purchase and sale information.) Required 1. Determine the cost of the department's ending inventory at March 31, 2020, under (a) moving-weighted-average cost and (b) FIFO cost. 2. Prepare the department's multi-step income statement for the quarter ended March 31,2020 , under each method described in requirement 1. Purchases and sales During the quarter, the department purchased merchandise on account as follows: Sales for each month in the quarter were as follows: Operating expenses in the quarter were $93,000. Prepare the perpetual inventory record under (a) moving-weighted-average. (Round average cost per unit to the nearest cent. Round all other calculations to the nearest whole dollar. When calculating inventory on hand, use the technique as outlined in the text. Rounding issues will occur if alternate methods are used.) (Click the icon to view the purchase and sale information.) Required 1. Determine the cost of the department's ending inventory at March 31, 2020, under (a) moving-weighted-average cost and (b) FIFO cost. 2. Prepare the department's multi-step income statement for the quarter ended March 31,2020 , under each method described in requirement 1. Purchases and sales During the quarter, the department purchased merchandise on account as follows: Sales for each month in the quarter were as follows: Operating expenses in the quarter were $93,000. Prepare the perpetual inventory record under (a) moving-weighted-average. (Round average cost per unit to the nearest cent. Round all other calculations to the nearest whole dollar. When calculating inventory on hand, use the technique as outlined in the text. Rounding issues will occur if alternate methods are used.)