Jailbird Company provided the following data about the inventory for the month of January:

Unit Unit Cost Total Cost

Jan 1 Beginning 16,000 140 2,240,000

5 Purchase 4,000 150 600,000

10 Sales 15,000 - -

15 Purchase 20,000 160 3,200,000

16 Purchase Return 1,000 160 160,000

25 Sales 8,000 - -

26 Sales Return 4,000 - -

31 Purchase 30,000 150 4,500,00

Required: Compute the total cost balances of Ending Inventory and Cost of Goods Sold using:

• FIFO
• LIFO
• Periodic Weighted Average
• Moving Average