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5. The beginning inventory of Caitlyn, Inc., purchases, and sales are shown on the following schedule sheet. The units are sold for $40 each. Sunda REQUIRED: Date Units Cost/ $ Units Cost/ COGS Units In Cost/ Total Purchunit Purch Sold Unit Inventory Unit Inventory $ 1/1xx 300 20.00 6,000 ation 1/10/xx 500 21.00 10,500 300 2 6,000 500 21.00 10,500 A 1/28/xx 600 1/30/xx 150 22.00 3,300 AV ho Total 650 13,800 600 A. Compute inventory using LIFO periodic. B. Complete the above perpetual inventory record using FIFO perpetual inventory. C. Prepare an income statement using FIFO perpetual inventory