Samuelson and Messenger (S&M) began 2018 with 300 units of its one product. These units were purchased near the end of 2017 for $22 each. During the month of January, 150 units were purchased on January 8 for $25 each and another 260 units were purchased on January 19 for $27 each. Sales of 135 units and 170 units were made on January 10 and January 25, respectively. There were 405 units on hand at the end of the month. S&M uses a perpetual inventory system. Required: 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO method. 2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost method. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO method. Cost of Goods Available for cost of Goods Sold - January 10 Cost of Goods Sold - January 25 Inventory Balance Perpetual FIFO of cost per units unit units Cost of Goods Available for Sale S 0 Cost per unit Cost of Goods Sold of units sold Cost per unit Cost per unit Ending Inventory Cost of of units Goodsin ending Sold Inventory $ 0 Beg. Inventory S 0.00 $ 0 $ 0.00 $ 0.00 $ Purchases January 8 January 19 0.00 0 0.00 0.00 0 0. 00 0 0.00 0 TOS 00S 0S 0 0.00 Required 2 > Required 1 Required 2 Complete the below table to calculate ending inventory and cost of goods sold for January using average cost methg your cost per unit to 2 decimal places and other answers to nearest whole number. Enter inventory reductions from negative numbers.) Perpetual Average Inventory on hand # of units Cost per Inventory unit Value cost of Goods Sold # of units Avg. Cost per Cost of sold unit G oods Sold $ 0 | of Beginning Inventory Purchase - January 8 Subtotal Average Cost Sale - January 10 Subtotal Average Cost Purchase - January 19 Subtotal Average Cost Sale - January 25 Total of OOOOOOOO 0 0 $ 0