Cost of Goods Sold & Inventory (LLH 7) Jonathan Byers is a wholesale distributor of cameras. He replenishes his supply of cameras on the 15th of each month and has sales only on the last day of each month. The following information is available for 2022: Units Unit Cost Beginning Inventory 4,000 $ 55.00 Purchase, Jan. 15 3,000 $ 57.00 Purchase, Feb. 15 2,500 $ 59.00 Purchase, Mar. 15 3.000 $ 61.00 Purchase, April 15 3,000 $ 63.00 Purchase, May 15 3,000 $ 65.00 Purchase, June 15 4,000 $ 67.00 Purchase, July 15 4,000 $ 69.00 Purchase, Aug. 15 4,000 $ 71.00 Purchase, Sept. 15 5,000 $ 73.00 Purchase, Oct. 15 5,000 $ 75.00 Purchase, Nov. 15 2,000 $ 77.00 Purchase, Dec. 15 2,000 $ 79.00 Sale, Jan. 31 2,000 Sale, Feb. 28 3,000 Sale, Mar. 31 3,000 Sale, April 30 4,000 Sale, May 31 3,500 Sale, June 30 4,000 Sale, July 31 4,000 Sale, Aug. 31 5.000 Sale, Sept. 30 6,000 Sale, Oct. 31 2,000 Sale, Nov. 30 1,000 Sale, Dec. 31 1,000 Periodic $ Perpetual Ending Inventory FIFO LIFO 2,673,500 $ 2,765,500 2 pts 3 pts 2 pts 3 pts