Exercise: 26) Carbondale Company had the following data available for the last six months: Beg, inventory Purchase, 3/1 Sale, 4/1 Purchase, 5/1 Sale, 6/1 10.units $55 per unit 30 units 25 units$100 per unit 25 units 20 units $100 per unit $60 per unit $65 per unit Operating expenses are $2.000 per month. The income tax rate is 30%. Required: 1. Compute Cost of Goods Sold for the six months ending June 30 using a. FIFO perpetual b. LIFO perpetual 2. How much will the company save in income taxes if they use LIFO instead of FIFO