Problem 6-06A 1-2 You are provided with the following information for Inc. Lily Inc. uses the periodic method of accounting for invertory transactions March 1 Beginning inventory 2.200 liters at a cost of 804 per ter March 3 Purchased 2,500 liters at a cost of 84 per liter. March 5 Sold 2,300 for $1.05 perler March 10 Purchased 4,000 es cost of 914 per te March 20 Purchased 2.500 trs at a cost of 99 perler March 30 Sold 5.000 vers for 51 25 per te AZZ w Study Your answer is partially correct. To again Calculate the value of ending inventory that would be reported on the balance sheet, under each of the following cost frow assumptions (Round answers to decimals 12.a) (1) Specification methodsuming 0) The March 5 sale consisted of 1,000 liters from the March 1 beginning inventory and 1.300 er from the March 3 purchase and 0) The March 30 sale come of the following number of units sold from beginning inventory and each purchase: 450 liters from March 1, 5 strom March 32.000 erro March 101.100 20 (a) 370 (3) LIVE Specification Ending inventory 3533 Fb 1740 pricorre Ty Prepare parts for 100 gros por home in conforme (1) Sie 09 The Haren 1.000 from March 1 begin tory and 300 metrom the March The combineerde hon2.00 20 La viro MacBook Air * 80 25 09 . FE 4 S NS % 5 8 7 9 0 O 8 7 3 4 6 a D HeyPLUS Wawanan, Accounting Primeiptes, 13 OLAR ENT RESOURCES Most ency ament Parts in how and in the financial met 6-01 Your answer is partially correct. Try again Prepare partial income statements for 2020 through you groht, under each of the following cost low assumption Round warto 2 decimale.g. 126.25.) (1) Specific identification method assuming 0) The March 5 second of 1,000 liters from the March 1 beginning inventory and 1. mars from the March 3 purchase and 0) The March 30 le consisted of the following number of its sold from beginning inventory and each Durchase: 450 ters from March 1,50 ers from March 32.000 are from March 11,100 20 (2) FIFO STA (3) TO Score LILY INC Income Statement (partial) For the Year End Dec. 2030 Specific Identification FIFO LIFO Cich you would like to the Work for this questions MacBook Air 23 255 . 80 3 : FF SC GA $ 4 OR 2 % 5 0 6 8 7 9 3