Sales Sale Price 19,200 units 27 Number of Date Units Unit Cost Beginning 4,300 10.30 March 12 5,500 10.20 Total Cost $ 44,290 56,100 June 5 4,200 10.10 42,420 October 22 9,500 9.90 94,050 Totals 23,500 $236,860 Required: 1. Use your spreadsheet to recalculate the Cost of Goods Sold, Inventory balances, and Gross Profit under each method and enter your results below: (Round your answers to the nearest whole dollar amount.) FIFO LIFO Cost of Goods Sold Ending Inventory Gross Profit Weighted Average