PROBLEM IV (15%) The Tacky Tie Company began retail operations in 2017. Purchases of ties (all of the same quality) were as follows: UNIT COST TOTAL COST DATE QUANTITY PURCHASED April 1 June 1 Oct. 1 30 50 20 $10 16 20 $300 800 400 $1,500 At the end of 2017, 25 ties remained on hand. Tacky uses the periodic method for Accounting for merchandise inventory REQUIRED: Calculate the cost of Goods Sold under the: a) FIFO b) LIFO c) Average Cost Method