method for inventory. Date Units Unit Cost or Selling Price $24 50 26 130 100 40 Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale 100 27 50 45 60 29 110 45 Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 0 decimal place, eg. 125.) LIFO FIFO AVERAGE-COST $ The ending inventory 1830 $ $ 2167 1990 7457 The cost of goods sold $ 7120 $ 7297 $ $ Gross profit $ 3538 $ $ 1101 3895