Mist, Inc. uses a PERIODIC inventory system and has the following transactions for one of its inventory items during 2020: Beginning Inventory 139units $53 per unit Purchases Purchase 1 on 3/11/20 56units o $54 per unit Purchase 2 on 10/18/207Bunits $56 per unit Sales Sale 1 on 3/15/20 120units $77 per unit Sale 2 on 10/22/20 110units 577 per unit All units sold on 3/15/20 were from beginning inventory. The 10/22/20 sale included 40 units from the 9/11/20 purchase and 70 units from the 10/11/20 purchase Show how Mist's Balance Sheet and Income Statement would affer under each of the inventory cost now assumptions. Compute Ending Inventory, COGS and Gross Profit under Specific Identification, Weighted Average Cost, FIFO and LIFO. F in your answers on the table. Specific First-In, Last-In, Weighted Identification First-Out First-Out Average Cost (round to 2 decimal places) 12/31/20 Balance Sheet Ending Inventory 2020 Income Statement Cost of Goods Sold Gross Profit