Saved Help Save & Et SU Checy 1 10 points 1. Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods: a. Last-In, first-out b. Weighted average cost c. First in, first-out d. Specific identification, assuming that the March 14 sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the sale of August 31 was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1 2. Of the four methods, which will result in the highest gross profit? 2-b. Of the four methods, which will result in the lowest Income taxes? Print Complete this question by entering your answers in the tabs below. Reg1 Red 2A Rea 2 Compute the amount of goods available for sale, ending Inventory, and cost of goods sold at December 31 under each of the Inventory costing methods. Round intermediate calculations to 2 decimal places and alwers to the nearest whole dan amount) Amount of Goode Available for Ending loventory Cost of Good sold Latin, festo . We wwwage cost Fitin, tout d. Specific identification