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Please help with the question below, thank you! ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Waterway Company had a beginning inventory on January 1 of 180 units of Product 4-18-15 at

Please help with the question below, thank you!

------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Waterway Company had a beginning inventory on January 1 of 180 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made.

Mar. 15 490 units at $22
Sept. 4 320 units at $26
July 20 250 units at $24
Dec. 2 100 units at $28

1,120 units were sold. Waterway Company uses a periodic inventory system.

QUESTION:

Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, e.g. 1,250.)

FIFO LIFO Average Cost
The ending inventory
$ $ $
The cost of goods sold
$ $ $

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