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Information to be used for Problems 11 and 12 and 13: Melanie's Purple Dress Business uses the Perpetual Inventory System Melanie's Purple Dress Business purchased

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Information to be used for Problems 11 and 12 and 13: Melanie's Purple Dress Business uses the Perpetual Inventory System Melanie's Purple Dress Business purchased and sold the following merchandise in May: May 1 Purchased 100 dresses at $100 cach or $1,000 May 2 Sold 50 dresses from the dresses that were purchased on May 1 May 5 Purchased 100 more dresses at $110 cachor S1.100 May 20 Sold 100 more dresses from the dresses that were purchased on May 1 11. Calculate the ending inventory for Melanie's Purple Dress Business using the Specific Identification Method 12 Calculate the ending inventory for Melanie's Purple Dress Business using the First-In-First-Out or FIFO method 13. Calculate the ending inventory for Melanie's Purple Dress Business using the Last-In-Last-Out Method or LIFO method

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