Swifty Inc. is a retailer operating in British Columbia. Swifty uses the perpetual inventory system. All sales returns from customers result in the goods being returned to inventory: the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Swifty Inc. for the month of January 2022. Date Description Beginning inventory Quantity Unit Cost or Selling Price 100 $17 January 1 January 5 Purchase 144 20 January 8 Sale 109 29 January 10 Sale return 10 29 January 15 Purchase 55 22 January 16 Purchase return 5 22 January 20 Sale 95 33 January 25 Purchase 22 24 places and final answers to 3 decimal places, eg. 5.251) Moving-Average Cost per unit January 1 $ 70 January 5 $ 40.49 January 8 $ 40.49 January 10 $ 40.49 January 15 35.405 January 16 $ $ 35.748 January 20 $ 35.748 January 25 $ $ 33.623 For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving average cost. (Round average-cost per unit to 3 decimal places, eg. 12.502 and final answer to O decimal places, eg. 1.250.) LIFO FIFO Moving average Cost of goods sold $ 3980 $ 8880 $ $ 7405 Ending inventory $ 7528 2628 $ 4102 Gross profit 2026 2874 $ $ 1099 e Textbook and Media sinnfor Liter Attempts: 1 of 5 used Submit