Problem 2 Jones Company was formed on December 1, 2016. The following information is available from Jones's inventory record for Product X. Units Unit Cost 2,400 January 1, 2017 (beginning inventory) Purchases: $18.00 January 5, 2017 January 25, 2017 February 16, 2017 March 15, 2017 3,900 $20.00 3,600 $21.00 1,500 $22.00 2,700 $23.00 A physical inventory on March 31, 2017, shows 3,000 units on hand. Instructions: Prepare schedules to compute the ending inventory at March 31, 2017, under each of the following inventory methods. Please show your work for full credit. (a) FIFO (periodic). (b) LIFO (periodic). (c) Weighted-average (periodic). (d) FIFO (perpetual). (e) LIFO (perpetual). (6) Moving-average (perpetual)