Natalie is busy establishing both divisions of her business (cookie classes and mixer sales) and completing her business degree. Her goals for the next 11 months are to sell one mixer per month and to give two to three classes per week. The cost of the fine European mixers is expected to increase. Natalie has just negotiated new terms with Crane that include shipping costs in the negotiated purchase price (mixers will be shipped FOB destination from the supplier to Natalie.) Assume that Natalie has now decided to use a periodic inventory system and now must choose a cost flow assumption for her mixer inventory. Inventory as on January 31, 2023 represents three mixer purchased at a unit cost of $488. The following transactions occur in February to May 2023. Feb. 2 Natalie buys two mixers on account from Crane Supply Co. for $984 ($492 each), FOB destination, terms n/30. 16 She sells one mixer for $943 cash. 25 She pays the amount owed to Crane. Mar. 2 She buys one mixer on account from Crane Supply Co. for $506, FOB destination, terms n/30. 30 Natalie sells two mixers for a total of $1,886 cash. 31 She pays the amount owed to Crane. Apr. 1 She buys two mixers on account from Crane Supply Co. for $1,004 ($502 each), FOB destination, terms n/30. 13 She sells three mixers for a total of $2,829 cash. 30 Natalie pays the amounts owed to Crane. May 4 She buys two mixers on account from Crane Supply Co. for $1,026 ($513 each), FOB destination, terms n/30. 27 She sells one mixer for $943 cash. Determine the cost of goods available for sale. Cost of goods available for sale $ e Textbook and Media Calculate (i) ending inventory, (ii) cost of goods sold, and (iii) gross profit under each of the following methods:LIFO, FIFO, and average cost. (Round average unit cost to 2 decimal places, e.g. 2.225. Round average cost answers to 2 decimal places, eg. 2,405.22 and all other answers to O decimal places, e.g. 2,525.) LIFO FIFO Average-Cost Ending inventory $ $ $ Cost of goods sold $ $ $ Gross profit $ $ $ e Textbook and Media