Problem 6-08A al-a2 (Part Level Submission) Waterway Inc. is a retailer operating in British Columbia. Waterway uses the perpetual inventory method. All sales returns from customers result in the goods being returned to inventory; the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Waterway Inc. for the month of January 2020. Quantity Unit Cost or Selling Price $13 Date January January January 1 5 8 Description Beginning inventory Purchase Sale January January January January 15 16 20 25 Purchase Purchase return Sale Purchase (al) Calculate the Moving-average cost per unit at January 1, 5, 8, 10, 15, 16, 20, & 25. (Round answers to 3 decimal places, e.g. 5.251.) Moving-Average Cost per unit January 1 4 January 5 4 January 8 4 4 January 15 4 January 16 4 January 20 4 January 25 4 Click if you would like to Show Work for this question: Open Show Work (a2) For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving average cost. per unit to 3 decimal places, e.g. 12.502 and final answer to o decimal places, e.g. 1,250.) LIFO FIFO Moving-average $ Ending inventory Gross profit Click if you would like to Show Work for this question: Open Show Work