The following are the transactions for the month of July. Unit Selling Price July 1 July 13 Beginning Inventory Purchase Units 49 Unit Cost $ 10 245 11 July 25 Sold (100) $ 14 July 31 Ending Inventory 194 Required: a. Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required B Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used. LIFO (Periodic) Beginning Inventory, Purchases July 13 Cost per Units Total Unit $ 0 $ 0 Required: a. Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required B Calculate cost of goods available for sale and ending ikventory under LIFO. Assume a periodic inventory system is used. LIFO (Periodic) Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold Total Cost of Goods Sold Ending Inventory Units Cost per Unit Total $ 0 Requin A $ 0 $ 0 Required B > Required: a. Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required B Calculate sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. LIFO (Periodic) Sales Cost of Goods Sold Gross Profit