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.

Date		Description		Quantity		Unit Cost or Selling Price
Dec. 31		Ending inventory		155		$18
Jan. 2		Purchase		95		23
Jan. 6		Sale		180		40
Jan. 9		Purchase		70		26
Jan. 10		Sale		60		45
Jan. 23		Purchase		100		27
Jan. 30		Sale		130		45

Your answer is incorrect Calculate average cost for each unit. (Round answers to 3 decimal places, e.g. 5.125.) Jan. 1 $ Jan. 2 $ Jan. 6 Jan. 9 Jan. 10 $ $ $ $ $ Jan. 23 $ Jan. 30 For each of the following cost flow assumptions, calculate (1) cost of goods sold, (ii) ending inventory, and (ill gross profit. (Round answers to o decimal places, e.g. 125.) (1) LIFO. (2) FIFO. (3) Moving-average. LIFO FIFO Moving-average Cost of goods sold $ $ $ Ending inventory $ Gross profit $ Click if you would like to Show Work for this question: Open Show Work