Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December 31, 2019, the accounting records provided the following information for a product:

	Units	Unit Cost
Inventory, December 31, 2018	1,940		$	8
For the year of 2019:
Purchase, March 21	6,030			7
Purchase, August 1	4,040			5
Inventory, December 31, 2019	2,920

(1) Compute ending inventory and cost of goods sold for the year of 2019 under FIFO method.

(2) Compute ending inventory and cost of goods sold for the year of 2019 under LIFO method.

(3) Compute ending inventory and cost of goods sold for the year of 2019 under average cost method.