Inventory data for ABC Company for the year ended December 31, 2021, are as follows: Beginning inventory Transaction 1- Purchase: Transaction 2-Sales: Transaction 3-Purchase: Transaction 4 Sales: Transaction 5-Purchase: Required: 210 units at $120 each 140 units at $116 each 192 units 100 units at $120 each 104 units 30 units at $175 each 1. Assume ABC Company uses a Perpetual inventory system. Compute the Company's ending inventory balance on December 31, 2021, and the Cost of Goods Sold for the year, using the Weighted Average method of cost determination. 2. Assume ABC Company uses a Periodic inventory system. Compute the Company's ending inventory balance on December 31, 2021, and the Cost of Goods Sold for the year, using the Weighted Average method of cost determination. Clearly label whether your answers are for a Periodic or a Perpetual inventory system. You may answer directly in the textbox, or attach a scanned copy of your handwritten answer (with a maximum of two attachments). You cannot use a spreadsheet and must show all work to receive credit.