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Question 1 Bahrain Company made the following merchandise purchases and sales during the April, 2021 April 1 The beginning inventory balance 400 units at $30 each Sold 250 units at $ 40 each. April 4 April 14 Purchased 300 units at $ 32 each. Sold 300 units at $ 50 each. April 28 Answer the following questions assuming that the company uses the First IN First Out (FIFO) method. Note: Write only the final amount - Do not show your calculation 1) What is Cost of goods sold on April 4? 2) What is the inventory balance on April 4? 3) What is the total cost of merchandise purchased on April 14? 4) What is the inventory balance on April 14? 5) What is the Cost of goods sold on April 28? 6) What is the inventory balance on April 28