Ferris Company began 2018 with 5.000 units of ts principal product. The cost of each unit is $8. Merchandise transactions for the Purchases Date of Purchase Jan 10 Jan. 18 Units 3,000 5,000 8,000 Unit CostTotal Cost $27,000 50,000 10 Totals 77,000 Includes purchase price and cost of freight. Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Units 2,000 1,000 3,000 6,000 Total 7000 units were on hand at the end of the month. Required Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives 1. FIFO, periodic system. 2. LIFO, periodic system. 3. LIFO, perpetual system. 4. Average cost, periodic system 5. Average cost, perpetual system Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required S Calculate January's ending inventory and cost of goods sold for the month using FIFO, periodic system