of 450 During the mon e y purchased and so merchandise on R 1. Prepare a perpetual inventory recording the Bagn by coming the f o ot of ending our o ry o g and hod, and the in the company's cost of had re y the c ord rory and gross proft new Con on and on Duta A Requirements 1. 2. Prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. Prepare a perpetual inventory record, using the weighted average inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) If the business wanted to pay the least amount of income taxes possible, which method would it choose? 3. $0 Print Done method