Jones Company was formed on December 1, 2009. It uses a periodic inventory system. The following information is available from Jones inventory records for Product X. Units Unit Cost January 1, 2010 (beginning inventory) 1,600 $18.00 Purchases: January 5, 2010 2,600 $20.00 January 25, 2010 2,400 $21.00 February 16, 2010 1,000 $22.00 March 15, 2010 1,800 $23.00 A physical inventory on March 31, 2010, shows 2,500 units on hand.Instructions: Prepare schedules to compute the ending inventory at March 31, 2010, under each of the following inventory methods.(a)FIFO.(b)LIFO.(c)Weighted-average.Show supporting computations in good form.