From the information given below, calculate the cost of goods sold, the closing inwestory and grom prola, for 1. The periodic weighted average method 2. The periodic FIFO method Assume a selling price of $75 per unit The following information relates to the inventory in the records of Canada Ltd pate Details Units Unit price Total Beginning Inventory 8 $35 11 July $280 $38 11 418 14 Aug. Purchased 9 25 Sept. Sold 10 $40 4001 18 Jan Purchased 5 $42 210 3 March Purchased 11 13 April Sold 3 10 June Sold