In your audit of Thomas Taylor Company, you find that physical ventory on December 31, 2020, showed merchandise with a cost of $403,730 was on hand at that date. You also discover the following items were all excluded from the $403,730. 1. Merchandise of $51,050 which is held by Taylor on consignment. The consignor is the Max Suruki Company 2. Merchandise costing $35,400 which was shipped by Tayor to destination to a customer on December 31, 2020. The customer was expected to receive the merchandise on January 6, 2021. 3. Merchandise coating $43,270 which was shipped by Taylor T h ing point to customer on December 29, 2020 The customer was scheduled to receive the merchandise on usy 2 4. Merchandise costing 84.630 so by avendoron destination on December 30, 2020, d eve by Taylor on January 4, 2021 5. Merchandise costing 147,400 shaped by a vendoro.b, shipping inton December 31, 2020, and received by taylor on r y 5, 2021 Based on the above information, calculate the amount that should appear on Taylor's bance sheet December 31, 2020, for inventory Inventory on December 31, 2020 Inventory Information for Part 311 of Splish Corp. discloses the following information for the month of June. June 1 11 20 Balance Purchased Purchased 304 units @ $17 804 units $21 499 units @ $22 June 10 15 27 Sold Sold Sold 201 units @ $41 503 units $43 301 units $46 Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. (1) LIFO (2) FIFO Cost of Goods Sold Ending Inventory LINK TO TEXT Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending Inventory at LIFO? The ending inventory at LIFO CUSCO GOUS SOID Ending Inventory LINK TO TEXT Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory at LIFO? The ending Inventory at LIFO LINK TO TEXT Assuming that the perpetual Inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO? Gross Profit (FIFO) Click if you would like to Show Work for this question: Open Show Work