Problem 6-08A a1-a2 Sheridan Company is a retailer operating in Calgary, Alberta. Sheridan uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are provided with the following information for Sheridan for the month of January 2022. Date Description Quantity Unit Cost or Selling Price Dec. 31 Ending inventory 160 $20 110 24 Jan, 2 Purchase Sale 200 43 Jan. 6 Purchase 70 26 Jan. 9 65 47 Jan. 10 Sale 100 28 Jan. 23 Purchase Sale 110 48 Jan. 30 Calculate average cost for each unit. (Round answers to 3 decimal places, e.g. 5.125.) Jan. 1 Jan. 2 Jan. 6 Jan. 9 Jan. 10 $ Jan. 23 Jan. 10 $ Jan. 23 $ Jan. 30 $ For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round answers to 0 decimal places, e.g. 125.) (1) LIFO (2) FIFO (3) Moving-average. Moving-average LIFO FIFO Cost of goods sold Ending inventory $ Gross profit