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Inventory information for 3 1 1 of Monique Aaron Corp. discloses the following information for June:PurchasesJune 1 Balance 3 0 0 units @$ 1 0

Inventory information for 311 of Monique Aaron Corp. discloses the following information for June:PurchasesJune 1 Balance 300 units @$10# Purchased 800untis @$1220 Purchased 500 units@$1322 Purchased 700 units@$1428 purchased 250 units@$15SalesJune 10 Sold 200 units@$24+5 sold 500units@$2523 sold 400 units @$2627 sold 300 units@$27Instructionsa) Assuming that perpetual methods are used. Complete the cost of goods sold and ending inventory under1) LIFO2) FIFO3) Average costb) Which inventory method, FIFO, LIFO, or average cost will show the highest net income?

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