Morton Company uses the periodic inventory method. The company's 20XX inventory information is as follows: A physical count of inventory on December 31,20XX revealed there were 400 units on hand. Instructions Answer the following independent questions a. How many units were available for Morton Co. to sell during the year? A b. How many units were actually sold? What is the total cost of goods available for sale? A d. Assume the company uses the FIFO method. Calculate the ending inventory A e. Which financial statement would the amount you calculated in letter d. appear? Assume the company uses the FIFO method. Calculate the value of the cost of goods sold A g. Which financial statement would the amount you calculated in letter f. appear