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 January 3 February 14 February 15 June 30 November 6 November 19 Sales Purchase Sales Units Sold at Retail Activities Beginning inventory Units Acquired at Cont 130 units 192 units $2 $260 $3-$576 98 units 150 units 858 458 180 units $4 $720 140 units 458 56 units $5 $ 280 $ Totals 558 units 388 units 1,836 Purchase Sales Purchase 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. answers in the tabs below. Check my work