Jenson Company uses the periodic inventory method and had the following inventory Information available: Unit Cost Total Cost 1/1 Beginning Inventory 200 $3 $ 600 1/20 Purchase 400 $4 1,600 7/25 Purchase 150 SS 750 10/20 Purchase 175 $6 1.050 925 $4.000 A physical count of inventory on December 31 revealed that there were 250 units on hand. Instructions Answer the following independent questions and show computations supporting your answers. 1. Assume that the company uses the FIFO method. The value of the ending inventory at December 31 is $_ of goods sold is $ 2. Assume that the company uses the average-cost method. The value of the ending inventory on December 31 is $ and cost of goods sold is $ 3. Assume that the company uses the LIFO method. The value of the ending inventory on December 31 is $ of goods sold is $ and cost and cost