Required information The following information apples to the questions dispiand betow]. Tree seedings has the following currentyear purchases and sales for its anly product. The company uses a periodic imentory system. a. Ontermine Bie costs ausoned to endine inventory and to cost of goods sold using Firo b. Deiermine the costs assigned to ending imventory and to cont of goods sold using Lifo e. Compule the grour profic for ench method Complete this quention by entering veur anewers in the tabe below. Required information Tree Seedlings has the following currentyear purchases and sales for its only product. The company uses a periodic inventory system. a. Oetermine the costs assigned to ending inventory and to cost of goods sold using FIFO. b. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. c. Compute the gross profit for each method. Complete this question by entering your answers in the tabs below. Compote the gross profit for each method: Required information The forlowing information apples to the cuestions displayed below] Tree Seedlings has the following current year purchases and soles for its only product. The company uses a periodic inventory system. a. Determine the costs assigned to ending imventory and to cost of goods sold using FiFO. b. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. c. Compute the gross proflt for each method. Complete this question by entering your answers in the tabs below. Detemine the costs assigned to ending inventory and to cost of goods sold using Lifo