s by 50%?

4. Assume the following transactions have occurred regarding a specific SKU in 2022:

Ending inventory in 2021 of 100 units valued at $1,175.

January 15, purchased 1000 units at $12.00 per unit

January 31, sold 450 units at $15.50 per unit

February 19, sold 120 units at $15.50 per unit

March 3, purchased 500 units at $13.00 per unit

March 25, sold 500 units at $16.00 per unit

April 16, sold 250 units at $16.50 per unit

May 20, sold 80 units at $17.00 per unit

June 6, purchased 1000 units at $13.50 per unit

July 13, sold 800 units at $16.00 per unit

August 25, purchased 1200 units at $14.00 per unit

October 17, sold 950 units at $17.00 per unit

Determine the ending inventory and cost of goods sold using the three methods of

inventory valuation: FIFO, LIFO, and weighted average method