Required Information Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below. Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic Inventory system. Transactions Beginning inventory Sale ($240 each) Date March 1 Units 20 Unit Cost Total Cost $170 $3,400 March 5 15 March 9 Purchase 10 190 1,900 March 17 March 22 March 27 March 30 Sale ($290 each) Purchase 10 200 2,000 Sale ($315 each) Purchase 220 1,980 $9,280 For the specific Identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginging Inventory and eight bikes from the March 22 purchase. Problem 6-2A Part 5 5. Calculate sales revenue and gross profit under each of the four methods. (Round weighted-average cost amounts to 2 decimal places.) Specific Identification FIFO Weighted- LIFO average cost Sales revenue Cost of goods sold Gross profit-