Tell me what you want to do 1-Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an invoice with a list price amount of $5,600 and payment terms of 2/10, 1/30. Alison uses the net method to record purchases. Alison should record the purchase at: Multiple Choice $5,488 $5,600 $2 744. $5,712 2 Fulbright Corp. uses the periodic inventory system During its first year of operations, Fulbright made the following purchases (listed in chronological order of acquisition) . 42 units at $90 per unit 70 units at $73 per unit 170 units at $69 per unit . Sales for the year totaled 273 units, leaving 9 units on hand at the end of the vear Ending inventory using the average cost method is: (Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount.) Multiple Choice $810. 5621 $658 S671 3Nu Company reported the following pretax data for its first year of operations. Net sales Cost of goods available for sale Operating expenses Effective tax rate Ending inventories: If LIFO is elected If FIFO is elected 2,970 2,430 830 20% 920 1,180 What is Nu's net income if it elects FIFO? Multiple Choice $1,720. $890 $712 $504 ing financial data for what you want to do 2021 $307,000 8,200 $298,800 2020 $295,000 5,400 $289,600 Sales Sales returns and allowances Net sales Cost of goods sold: Inventory, January 1 Net purchases Goods available for sale Inventory, December 31 Cost of goods sold Gross profit 47,000 151,000 198,000 74,000 124,000 $174,800 20,000 144,000 164,000 47,000 117,000 $172,600 ATC's gross profit ratio (rounded) in 2021 is: (Round your answer to one decimal place e.g., 0.123 as 12.3%.) Multiple Choice 58.5% 59.0%. 50.8% None of these answer choices are correct want to do 5-Bond Company adopted the dollar-value LIFO inventory method on January 1, 2021. In applying the LIFO method, Bond uses internal cost indexes and the multiple-pools approach. The following data were available for Inventory Pool No. 3 for the two years following the adoption of LIFO: Ending Inventory At Year At Base Year End Year Cost 1/1/2021 $309,000 $309,000 12/31/2021 343, 440 324,000 12/31/2022 423,500 350,000 Cost Index 1.00 1.06 1.21 Under the dollar-value LIFO method, the inventory at December 31, 2022, should be Multiple Choice ht $356,360. $350,000 I $350,900 None of these answer choices are correct