Tamarack Co. began the year 2019 with 150 units of inventory on hand at a cost of $4.00 each. These inventory items sell for $7.00 each. The following schedule presents the sales and purchases of this item during the year.Date TransactionUnit costFebruary 7Purchased 100 units$4.20March 9Sold 150 unitsJuly 11Purchased 200 units$4.40September 17Sold 150 unitsNovember 22Purchased 250 units$4.80December 29Sold 150 unitsA count of ending inventory reveals 250 units in ending inventory.REQUIRED:1. Complete the following table with the information to be reported at the end of the year under each of the three cost flows and systems below