Military Surplus began July 2021 with 100 stoves that cost $10 each. During the month, the company made the following purchases at cost: (Click the icon to view the purchases.) The company sold 305 stoves, and at July 31 , the ending inventory consisted of 65 stoves. The sales price of each stove was $55. Read the places, and round all other amounts to the nearest dollar. Requirements 1. Determine the cost of goods sold and ending inventory amounts for July under Data table the average-cost, FIFO, and LIFO costing methods. Round the average cost dollar. 2. Explain why cost of goods sold is highest under LIFO. Be specific. 3. Prepare the Military Surplus income statement for July. Report gross profit. Operating expenses totaled $3,000. The