Lily Distribution markets CDs of the performing artist Unique. At the beginning of October, Lily had in beginning inventory $2,000$ of Unique's CDs with a unit cost of $$7.$ During October, Lily made the following purchases of Unique's CDs$.$ Oct. $32,500$ $$8$ Oct. $19$ Oct. $253,000$ $$104,000$ @ $$11$ Oct. $93,500$ @ $$9$ During October, $10,750$ units were sold. Lily uses a periodic inventory system.Eignment MESSAGE MY INSTRUCTOR FULL SCREEN PRUNTER VERSION BACK NEXT Determine the cost of goods available for sale. Cost of goods available for sale Calculate cost per unit. $($Round answer to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$ Cost per unit Determine $(1)$ the ending Inventory and $(2)$ the cost of goods sold under each of the assumed cost flow methods $($FIFO$,$ LIFO, and average$-$cost$).($Round answers to decimal places, e$.$g$.1,250.)$ FIFO uro AVERAGE$-$COST The ending inventory The cost of goods sold Which cost flow method results in $(1)$ the highest inventory amount for the balance sheet and $(2)$ the highest cost of goods sold for the income statement? $(2)$ produces the highest inventory amount, $ produces the highest cost of goods sold, $