Kylie's Boots Company sells boots. At the beginning of May of 2018 Kylie had beginning inventory of 700 pairs of boots at a unit cost of $48 per pair. During May she made the following purchases of pairs of shoes. May 9-800 pairs @$50 per pair May 16-500 pairs @S52 per pair May 23-1200 pairs @ $54 per pair May 30-600 pairs@ $56 per pair During May Kylie sold 2100 pairs of boots. Kylie uses the periodic inventory method of accounting for inventory Required: a) Determine the cost of goods available for sale b0 Determine cost of goods sold and ending inventory values under each of the follow ing cost flovw methods: FIFO; LIFO and Average Cost c) Which method gives us the highest cost of gold sold?Why? d) Which method gives us the highest value of ending inventory?Why