Culver Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Date Explanation Units Unit Cost Total Cost Balance in Units Aug. 2 Purchases 245 $69 $16,905 245 3 Purchases 509 96 48,864 754 10 Sales (284) 470 15 Purchases 880 118 103,840 1,350 25 Sales (329) 1,021 Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods solds Ending inventory s Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit and final answers to 2 decimal plac Cost of goods sold Ending inventory s Carla Vista Ltd. purchased a delivery truck on January 1, 2018, at a cost of $87,440. The truck is expected to have a residual value of $7,240 at the end of its 4-year useful ear end. Use the diminishing-balance method and assume the depreciation rate is equal to double the straight-line rate. Calculate the depreciation for each year of the truck's life. (Round answers to o decimal places, e.g. 5,275.) Depreciation expense 2018 2019 2020 2021 Calculate the depreciation in total over the truck's life. Total depreciation expenses