Sheldon Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Sheldon Company sold a total of 20,700 units during the year. Read the requirements Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. (Round the average cost per unit to the nearest cent.) Average-cost method cost of goods sold Average-cost method ending inventory = Data table Beginning inventory Purchases during year Quantity Unit Cost 7,000 $ 14.00 18,000 $ 16.00 Print Done Requirements 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year Print Done