Shown below is the activity for one of the products of Random Creations:

January 1 balance, 80 units @ $50 $4,000

Purchases:

January 18: 40 units @ $51

January 28: 40 units @ $52

Sales:

January 12: 30 units

January 22: 30 units

January 31: 45 Units

(a) Compute the amount of Ending Inventory at the end of the month assuming FIFO, perpetual method.

(b) Compute the amount of Ending Inventory at the end of the month, assuming LIFO, perpetual method.

(c) Compute the amount of Ending Inventory at the end of the month, assuming Average Cost, perpetual method.