Presented below are various receivable transactions entered into by Bethany, Inc. Indicate whether the receivables are reported as accounts receivable, notes receivable, or other receivables on the balance sheet. Use A/R, N/R or Other for your answers below. Advanced $1,000 to a trusted employee. a. Accepted a $2,000 promissory note from a customer as payment on account. Determined that a $10,000 income tax refund is due from the IRS Sold goods to a customer on account for $5,000. Recorded $500 accrued interest on a note receivable due next year f. b. C. d. e. Loaned a company officer $4,000. A Grayson Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Grayson Company uses the perpetual inventory system. 3/1 Beginning inventory 100 units @ $55 3/3 Purchase 60 units @$60 3/4 Sales 3/10 Purchase 200 unit @ 3/16 Sales 3/19 Sales 3/25 Sales 3/30 Purchase 40 unit @ $75 $120 $65 90 unit @ $130 $130 50 unit @ $130 60 untis 80 unit Instructions Round to the nearest whole dollar, use a comma if needed. DO NOT PUT A DOLLAR SIGN IN YOUR ANSWER (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. (b) Using the FIFO assumption, calculate the value of ending inventory for March. (c) Using the moving average cost method, calculate the amount assigned to the inventory on hand on March 31 (d) Using the LIFO assumption, calculate the amount assigned to the inventory on hand on March 31 (e) Using the LIFO assumption, calculate the amount charged to cost of goods sold for March