Question $1$Lincoln, Inc. provided the following inventory information for JulySelling priceTransactionUnits inUnit costUnits soldJuly $1$Balance$250$$$303$Purchase$200$$$334$Sale$200$$$605$Purchase$800$$$3512$Sale$200$$$6018$Purchase$500$$$3622$Sale$900$$$6225$Sale$100$$$6329$Purchase$600$$$37$c$)$Assuming that perpetual methods are used. Complete the cost of goods sold and ending inventory under$4)$ LIFO$5)$ FIFO$6)$ Average costb$)$ Which of the methods used above will yield the lowest$($highest$)$ Figure for gross profit for the income