Question # 3: Morton Company uses the periodic inventory method and had the following inventory infon available: (8 marks, each 2 marks Units Unit Cost Total Cost 400 200 1/1 Beginning Inventory. 100 1/20 Purchase 7/25 Purchase 10/20 Purchase $4 S5 $7 $8 S 400 2,000 1,400 2.400 6.200 300 1000 A physical count of inventory on December 31 revealed that there were 400 units on hand. Instruction: pute the Ending inventory and cost of goods sold by using FFIFO and LIFO. Com