The data below are related to a product of the Hanson Company for the year 2019. The company employs a calendar year-end. All units were sold during the period for $70 each. 2,100 @ $53.60 26,460 Merchandise Inventory, January 1 Purchases: March 10 May 24 July 15 September 20 December 1 3,500 @ 4,700 @ 6,200 @ 3,600 @ 5,400 @ 54.20 56.40 58.70 59.60 60.00 Goods Available for Sale 25,500 Merchandise Inventory, December 31 11,500 units REQUIRED: Assuming the use of the periodic inventory procedure, compute the following items in the space provided. (a) Cost of Ending Inventory on a FIFO basis. b) Cost of Goods Sold on a Weighted-Average basis. c). Gross Margin and Gross Margin Percentage on a LIFO basis