please answer part 2

October 3 URIT Units Contact Date Explanation 10/08 Purchase N00511 10/15 Purchase 600 10/20 Purchase 300 Total goods available 519 515 During the year, 1400 units were sold Required: 1. Compute the cost of ending inventory and the cost of goods sold under: (6 marks) a. FIFO method b. LIFO method c. The weighted average Answer: a. FIFO..... (2 marks) Step 1 Step 2 Ending Inventory Cost of Goods Sold b. LIFO..... ... (2 marks) Step 1 Step 2 Ending Inventory Cost of Goods Sola c. Weighted average. (2 marks) 2. XYZ wants to increase its capital by equity offering up to 70% and the 30% by bank loan. Which valuation method of inventory the company should use. Explain