Required information [The following information applies to the questions displayed below] At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $18.20 per unit Transactions Units Amount Inventory, January 1 590 $1,652 Purchase, January 12 570 2,736 Purchase, January 26 170 1,156 Sale Sale (450) (200) Required: 1a. Assuming the use of a periodic Inventory system, compute Cost of Goods Sold under each method of inventory: average cost FIFO, LIFO, and specific Identification. For specific Identification, assume that the first sale was selected from the beginning Inventory and the second sale was selected from the January 12 purchase 1b. Assuming the use of a periodic Inventory system, prepare a partial income statement under each method of inventory: (a) average cost. (b) FIFO, (c) LIFO, and (d) specific Identification. For specific identification, assume that the first sale was selected from the beginning Inventory and the second sale was selected from the January 12 purchase Complete this question by entering your answers in the tabs below. Req 1A Req 18 Assuming the use of a periodic inventory system, compute Cost of Goods Sold under each method of inventory: average cost FIFO, LIFO, and specific identification. For specific identification, assume that the first sale was selected from the beginning inventory and the second sale was selected from the January 12 purchase. (Round unit price to 2 decimal places. Input al amounts as positive values.) Average Cost Cost of Good Available for Sale Cost of Goods Sold Cost of # of Units Cost per Unit Goods Available for Sale # of Units Sold Cost per Unit Cost of Goods Sold Beginning inventory Purchases January 12 January 20 Total FIFO Beginning inventory Purchases January 12 January 201 Total Cost of Goods Available for Sale Cost of Goods of Units Cost per Unit Available for Sale Cost of Goods Sold # of Units Cost per Sold Cost of Goods Unit Sold $ 0 $