only M7-21 please show all calculations

a. Geiger Corporation, a retail company, reported in 2020. The 2020 income statement reported cost of goods sold of $6,980,000. Compute the amount of inventory purchased during 2020. b. Prepare journal entries to record (1) purchases, and (2) cost of goods sold. Post the journal entries in part b to their respective T-accounts. d. Record each of the transactions in part b in the financial statement effects template to show the effect of these entries on the balance sheet and income statement. M7-21. Computing Cost of Goods Sold and Ending Inventory Bartov Corporation reports the following beginning inventory and purchases for 2020: c. 400 units @ $10 each 700 units @ $12 each Beginning inventory, 2020 Inventory purchased in 2020 Cost of goods available for sale in 2020. $ 4,000 8,400 $12,400 1,100 units a. Bartov sells 600 of these units in 2020. Compute its cost of goods sold for 2020 and the ending in- ventory reported on its 2020 balance sheet under each of the following inventory costing methods: FIFO b. LIFO Average cost M7-22. Computing and Evaluating Inventory Turnover Wal-Mart Stores, Inc., and Target Corporation reported the following in their financial reports: C. Wal-Mart Target (5 billions) Fiscal Year Sales COGS Inventory Sales COGS Inventory 2017 2016 2015 $496 481 479 $373 361 361 $43.8 43.0 44.5 $71.9 69.5 73.8 $51.1 49.1 52.2 $8.66 8.31 8.60