ring 2018, a company sells 300 units of inventory for $85 each. The y has the following inventory purchase transactions for 2018: compan Transaction Date Jan. 1 Beginning inventory May 5Purchase Number of Units Unit Cost Total Cost 60 170 180 $4,260 12,240 13.320 $29,820 $71 72 Nov. 3 Purchase 74 410 ending inventory and cost of goods sold for 2018 assuming the company wth a periodic inventory system. Then, calculate ending inventory and Calculate cost of goods sold using LIFO. 7) Cherryville purchases a delivery van for $23,500. Cherryville estimates a four-year ervice life and a residual value of $2,500. Calculate annual depreciation for the firs ree (3) years of the van using each of the following methods. Round all amo the nearest dollar. Straight line Double-declining-balance