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Suppose a Dover store in Madison, Missouri, ended May 2018 with 1,100,000 units of merchandise that cost $6 each. Suppose the store then sold 90.000 units for $780,000 during June. Further, assume the store made two largo purchases during June as follows: Click the icon to view the purchase information) Read the requirements Requirement 1. Calculate the store's gross profit under both FIFO and LIFO at June 30. FIFO 780000 Sales revenue Cost of goods sold LIFO 780000 Gross profit Data Table June 8 Il $ 184,500 45,000 units @ $4.10 35,000 units @ $3.20 23 Il = $ 112,000 Print Done