Q2. Calculate ending inventory and COGS using FIFO and LIFO methods a) On April 1, 2022 the balance in inventory is 220 units @ \$50 each b) April 5,2022 purchased 100 units@ \$60 each c) Purchased 50 units @ \$45 each on April 10, 2022 d) Sold 300 units @ \$80 each on April 16, 2022 e) Sold 20 units @ \$95 each on April 25, 2022 f) Purchased 200 units @ \$40 each on April 30,2022 Q3. Using the data given in Ques 2, prepare journal entries in the books perpetual inventory system with FIFO method of valuation