Sherman Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Sherman Company sold a total of 18, 100 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.) Using the average-cost method, the cost of goods sold is and the ending inventory is $ Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. x Data Table Using the FIFO method, the cost of goods sold is and the ending inventory is $ Requirement 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year. Using the LIFO method, the cost of goods sold is and the ending inventory is $ Quantity Unit Cost 7,000 $ 20.00 Beginning inventory Purchases during year 18,000 $ 22.00 Print Done