Instructions TO RECEIVE CREDIT FOR THE ITEMS BELOW YOU MUST SHOW YOUR WORK AND ANY CALCULATIONS: a. Assuming that periodic inventory records are kept, compute the inventory at April 30 using (1) UFO and (2) average-cost b. Assuming that perpetuat inventory records are kept, determine the inwentory using (1) FIFO and (2) LIFO (3) average cost. c. Compute cost of goods sold assuming PERIODIC imventory procedures and imventory priced at FIFO: d. In an inflationary period, which irventory method-FIFO, LIFO, or average-cost-will show the highest net hicome? Wiry