Required information [The i'oiiowing information appiies to the questions dispiayed beiowj Tree Seedlings. has the following current-year purchases and sales for its only product. Date Activities Units Acquired at Cost Units Sold at Retail January 1 Beginning inventory 1TB units [iii $2 = $ 349 January 3 Sales 11-1 units @ $ 8 February 14 Purchase 254 units @ $3 = $ 1'92 February 15 Sales 199 units @ $ 8 June 36 Purchase 226 units [iii $4 = $ 388 November 6 Sales '16-'4- units @ $ 8 November 19 Purchase T2 units @ $5 = $ 369 Totals ?26 units 2'37: 468 units The company uses a periodic inventory system. 4:. 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. FIFO Required A Required B Required C Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. um _ Required A Required B Required C