Required information: [The following information applies to the questions displayed below] Tree Seedlings has the following current-year purchases and sales for its only product Date January 1 Activities Beginning inventory Units Acquired at Cost Units Sold at Retail 130 units @ $2-$260 January 3 February 14 February 151 June 301 November 6 Sales Sales 98 units 958 Purchase 192 units $3 - $576 150 units 958 Purchase Sales 180 units $4 $ 720 140 units @$8 November 19 Purchase Totals 56 units 558 units @$5- $ 280 $ 388 units 1,836 Required: The company uses a perpetual 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 c. Compute the gross profit for each method. Complete this question by entering your answers in the tabs below.. Required A Required b Required C Determine the costs assigned to ending inventory and to cost of goods sold using FIFO