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Toys Inc. sells many products. Remote controls are one of its popular items. Below is an analysis of the inventory purchases and sales of Remote controls for the month of March. Toys Inc. uses the periodic inventory system Description Date Unit Cost (5) Units Purchases Unit Sales Unit Selling Price (5) Purchases Unit 3/1 Beginning inventory 100 $40 3/3 Purchase 60 $50 60 $80 3/4 Sales 3/10 Purchase 200 $55 70 $90 3/16 Sales 90 $90 3/19 Sales 00 8 $90 13/25 Sales 40 560 3/30 Purchase Instructions Instructions: For each method, FIFO, LIFO, and Average cost, calculate 1) ending inventory 2) costs of goods sold 3) Gross Profit Label each section and show calculations. You should have a section for FIFO, a section for LIFO, and a section for Average Cost