Please help me complete this.

I have been struggling for quite some time, and mainly I need the answer.

Thank you !

+ 1) The cost of the inventory that a business has sold to customers is called: A) cost of goods sold. B) inventory C) gross profit D) purchases. 2) When inventory is shipped from the seller to the buyer with shipping terms of FOB destination: A) the buyer will pay the transportation costs associated with the purchase. B) the goods will be included in the inventory of the buyer while in transit. C) title passes from the seller to the buyer when the goods leave the seller's shipping dock. D) the seller has title to the goods while they are in transit. 3) ABC Furniture Unlimited sells antique (special and unique) furniture. ABC will most likely use the method to cost its ending inventory. A) First-in, first-out B) Last-in, first-out C) Average D) Specific identification 4) The inventory method used by a company affects: A) the ending inventory on the balance sheet. B) net income on the income statement. C) the income taxes to be paid. D) all of the above