Part 3 Zoom company uses Perpetual Inventory System. During the month of August, Zoom purchased and sold merchandise on account as follows: August 1 Beginning inventory Sunits @ $10 each Purchase 30 units @ $20 each 40 units beach Purchase 60 units 25 each 88 units v 0 each Sale 10 Sale Requirement Using perpetual inventory record for Panda calculate Cost of goods sold using LIFO inventory costing method? (5 marks) Part 4 On September 30, Riyadh Real Estate Company acquired a land by paying $150,000 in cash. An old warehouse on the property was demolished at a cost of $10,000; the scrap materials were sold for $5,000. Additional expenditures before construction began included $2,500 attorney's fee for work concerning the land purchases, $9000 real estate broker's fee. (2 marks) Part 5 Elite Company purchased a machine on June 1, 2017. The cost of the machine is SR 30,000. The company estimated that the machine will have a scrap value of SR2700. It has a useful life of 3 years. Requirement: Compute Book Value using the Straight-Line method for all machine's useful life