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For 2 0 2 1 , Shinra had the following inventory transactions related to its Mako: Units * Cost = Total Beginning Inventory 5 0

For 2021, Shinra had the following inventory transactions related to its Mako:
Units * Cost = Total
Beginning Inventory 50 $40 $2,000
Purchase: 6/1/2190504,500
Purchase: 10/15/21150609,000
Goods Available for Sale 290 $15,500
Ending Inventory 80
Shinra uses a periodic (waiting until the year is over) inventory system.
Required:
1) Using FIFO, calculate ending inventory and COGS at December 31,2021.
2) Using LIFO, calculate ending inventory and COGS at December 31,2021.
3) Using Weighted Average, calculate ending inventory and COGS at December 31,2021.

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