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. \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{9}{|c|}{ Rerpetual FiFo: } \\ \hline \multirow{3}{*}{DateJanuary1} & \multicolumn{2}{|c|}{ Goods Purchased } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Inventory Balance } \\ \hline & \# of units & \multirow[t]{2}{*}{\begin{tabular}{|c|} Cost per \\ unit \end{tabular}} & #ofunitssold & \multirow[t]{2}{*}{Costperunit} & CostofGoodsSold & \# of units & \multirow[t]{2}{*}{Costperunit} & InventoryBalance \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ January 3} \\ \hline \multirow{2}{*}{ February 14} & & & & & & & & \\ \hline & & & & & . & & & \\ \hline \multicolumn{9}{|l|}{ Total February 14} \\ \hline \multirow{2}{*}{ February 15} & . & & & & & & & \\ \hline & & & & & & & & \\ \hline Total February 15 & 7 & & & & & & & \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ June 30} \\ \hline & & & & & & & & \\ \hline Total June 30 & & & & & & Z & 8 & \\ \hline & & & & & & & & \\ \hline \multirow{2}{*}{ November 6} & & & & & 1 & & & \\ \hline & & & & & 8 & & & \\ \hline Total November 6 & & & L & & v2 & & & 5 \\ \hline \multirow[b]{2}{*}{ November 19} & & . & & & & & x2 & \\ \hline & & 2 & & & & 2 & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{10}{|c|}{ Perpotual LIFO: } \\ \hline \multirow{3}{*}{DateJanuary1} & \multicolumn{2}{|c|}{ Goods Purchased } & \multicolumn{4}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Inventory Balance } \\ \hline & \# of units & \multirow[t]{2}{*}{Costperunit} & #ofunitssold & \multirow[t]{2}{*}{Costperunit} & \multicolumn{2}{|c|}{CostofGoodsSold} & H of units & \multirow[t]{2}{*}{Costperunit} & InventoryBalance \\ \hline & & & & & & & & & \\ \hline January 3 & & & & 7 & & & & & \\ \hline \multirow{2}{*}{ February 14} & & & & & & & & & \\ \hline & & 2 & & & & & & & \\ \hline \multicolumn{10}{|l|}{ Total February 14} \\ \hline \multirow{2}{*}{ February 15} & & & & . & & & & & \\ \hline & & & & & & & & + & \\ \hline \multicolumn{10}{|l|}{ Total February 15} \\ \hline & & & & & & & & & \\ \hline \multicolumn{10}{|l|}{ June 30} \\ \hline & & & & & & & & & \\ \hline \multicolumn{10}{|l|}{ Total June 30} \\ \hline \multirow{3}{*}{ November 6} & & & & & - & & +2 & & \\ \hline & c2 & 1 & & x2 & & = & & a & \\ \hline & & & & & & & & & \\ \hline \multicolumn{10}{|l|}{ Total November 6} \\ \hline \multirow{4}{*}{ November 19} & & & & + & & . & & & \\ \hline & & . & & & & + & E & & \\ \hline & & & & & & & & & \\ \hline & & & & & 2 & 8 & & & \\ \hline \end{tabular} Compute the gross profit for each method