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Part 1: Information relating to the inventory quantities, purchases and sales of an eight inch (8") speaker unit by the Stereo Company during 2022 is shown below: Number Cost per Total Of Units Unit Cost Inventory. Jan 1 First purchase - May 12th Second purchase - July 9th Third purchase - Oct 4th Fourth purchase - Dec 18th Goods available for sale Units sold during the year Inventory, Dec 31 2,700 3.540 2,400 1.860 3.000 13.500 10,400 3,100 $30.00 30.60 31.05 32.10 32.55 $81,000 108,324 74,520 59,706 97.650 $421,200 INSTRUCTIONS: Show all final answers in the Answer Grid below a. Compute the cost of the December 31, 202 inventory and the cost of goods sold for the units in 2022 using: 1. Weighted Average 2. LIFO 3. FIFO b. In February of 2023, Stereo Company purchased 1000 units at $31.20 per unit, and then in March of 2022 they sold 2000 units. What is the cost of goods sold for the 2000 units sold in March, 2023 under each of the three methods? There is space on page 3 for your calculations -> -> Weighted Average LIFO FIFO 2022 96,720 a. Ending Inventory 2022 27 a. Cost of Goods Sold 2023 - 2nd year b. Cost of Goods Sold