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Assume that Blackwal Tro Store completed the folowing perpetual irveneby transtctions for a iine of thes: (Click the icon to view the transactions.) Reed the ieourementa Requirement 1. Compute cont of goods sold and grous prott ising the Fro invertory costing method. Begi by oomputing the coot of goods sold and cost of ensing merchandos inventsy using the Firo ieventory costing method. Enter the transactiona in chronological order, caloulating now invenby on hand batances afs. minentory iapen fint) Cowpult gross pribt ving the Fro buentery contine metied. Grows prefti is ung fet furo mantory ooning retred Requirwenent 2. Compote cost of pooss sold and gross gront using the LIFO invertory costhg metsod. inentsy tingen fint) Orise puta is laire ge Lifo inee any whing fuptod Requiremeot 3. Compute cost of goods sold and gross pooft using the weightedtwerige inventory costing method. Rourd weighted average cost per unit to the nearest cent and all ather amounts to the nearest dot Begh by compuing the cost el goods sold and cost of ending merchandse inventory using the weighed avwrpge inventocy cosing meftod. Enter fhe thansations in chronological crdec, calailating new inveritony on h Cempute gross proft using the weiptied-avenge nvottory costing method Arons profit a ining the wightidebinage inveitocy cossing matod. Requirement 4. Which metrod revuls in the largeut gross proft, and why? The More info ge cost per unit to the Enter the transaction t of merchandise inve