Problem $5\mathrm{.}2.$ Analyzing and Interpreting the Financial Statement Effects of LIFO and FIFO

Lunar company uses a periodic inventory system. At the end of the annual accounting period, December $31,2010,$ the accounting records provided the following information for product $2$:

$\backslash$table$[[,$Units,Unit Cost$],[$Inventory$,$ December $31,2009,3,000,$$$12($make in excel$)$