Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below.] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Transactions Units Unit Cost Total Cost Date $ 4,200 Beginning inventory Sale ($320 each) 1 20 $210 March 5 15 March Purchase 2,300 March 9 10 230 Sale ($370 each) Purchase March 17 8 March 22 10 240 2,400 Sale $395 each) Purchase March 27 12 March 30 260 7 1,820 $10,720 Problem 6-2A Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31. Ending inventory Cost of goods sold IONICII v-6N vuICuiuIt tilMIL IY "IGIILUI , cual VI MuuMJ JuIu, JuIta IGvtIlut, uiiu yIvJa IVIL IVI Ivui inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below.] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Transactions Units Unit Cost Total Cost Date $ 4,200 Beginning inventory Sale ($320 each) March 20 $210 March 15 5 2,300 March Purchase 10 230 Sale ($370 each) March 17 8 March 22 2,400 Purchase 10 240 March 27 March 30 Sale $395 each) Purchase 12 260 1,820 7 $10,720 Problem 6-2A Part 3 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31. Ending inventory Cost of goods sold