EEK 15-20/12-26/12 Sunrise company inventory records contained the following information regarding its latest Sunrise model. The company uses a periodic inventory system. Beginning inventory, January 1, 2019 600 units @OR 80 each Purchases January 15 January 21 Sales January 5 January 22 January 29 Ending inventory, January 31, 2019, 1,000 units@ OR 95 each 800 units@ OR100 each 400 units@ OR 120 each 800 units@ OR 130 each 400 units@ OR 135 each 800 units 1 Compute CGS for January and ending the inventory using both FIFO and LIFO methods. 2. Which method, FIFO or LIFO will result in the highest CGS figure for January 2019? Why? KY Fi Ti