Kingbird, Inc. is a retailer operating in Calgary, Alberta. Kingbird uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Kingbird for the month of January 2022.

Kingbird, Inc. is a retailer operating in Calgary, Alberta. Kingbird uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the followin information for Kingbird for the month of January 2022. Date Description Quantity Unit Cost or Selling Price Dec. 31 Ending inventory 155 Jan. 2 Purchase Jan. 6 Sale Jan. 9 Purchase Jan. 10 Sale Jan. 23 Purchase Jan. 30 Sale - Your answer is partially correct. For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round answers to 0 decimal places, eg. 125.) (1) LIFO. (2) FIFO. (3) Moving-average. LIFO FIFO Moving-average Cost of goods sold $ 1350 $ A 900 1260 Ending inventory 8145 8595 8235 AA Gross profit $ 7605 A $ 7155 7515 e Textbook and Media e Textbook List of Accounts