QI: Holliday Company's inventory records show the following data: Units Unit Cost Inventory, January 1 1,000 11 Purchases: June 18 1,000 12 Purchases: Oct, 25 1,000 13 Sale, Dec., 8 2,400 @ 20 Holliday uses periodic inventory method. a) What is the cost of goods available for sale? b) Under FIFO, what is the cost of goods sold? c) Under FIFO, what is the ending inventory? d) Under the Weighted Average, what is the cost of goods sold? e) Under the Weighted average and considering that the estimated Net Realizable Value (NRV) for ending inventory at Dec., 31 is 700. Record the related adjusting entries (if any)