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Required information (The following information applies to the questions displayed below) Tree Seedings has the following current year purchases and sales for its only

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Required information (The following information applies to the questions displayed below) Tree Seedings has the following current year purchases and sales for its only product January January 3 Activities Beginning Inventory Purchase Sales February 14 February 15 Sales June 38 Purchase November November 19 Sales Purchase Totels 8-31-202 120 31-3430 its 336 1e The company uses a periodic inventory system a. Determine 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 e. Compute the gross profit for each method Complete this question by entering your answers in the tabs below. Required & Required Required C Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. Periodic Inventory System Ending Investory Cost of Goods Sold FO Required>

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