Could you please solve #2 thank you!

Tipton Processing maintains its internal inventory records using average cost under a perpetual inventory system. The following information relates to its inventory during the year: Jan. 1 Inventory on hand-85,909 units; cost $4,96 esch. Feb. 14 Purchesed 115, 00e units for $5,00 each. Har, 5 5old 155, 990 units for 514,90 each. Aug. 27 Purchased 55, 00e undts for \$6. 00 each. Sep. 12 5old 65,000 units for $14, ed each. Dec. at inventory on hand-35, 304 unit6. Required: 1. Determine the amount Tipton would calculate internally for ending imventory and cost of goods sold using average cost under a perpetual inventory system. 2. Determine the amount Tipton would report extemally for ending inventory and cost of goods sold using last-in, first-out (LIFO) under a periodic inventory system. 3. Determine the amount Tipton would report for its LIFO reserve at the end of the year. 4. Record the year-end adjusting entry for the LIFO reserve, assuming the balance at the beginning of the year was $8,500. Determine the amount Tipton would report externally for ending inventory and cost of goods sold using last-in, first-out (LifO) under a periodic inventory system. (Round "Cost per unit" to 2 decimal places.)