The following data has been provided by Lee Company regarding its inventory purchases and sales throughout the year.

	Transaction	Units	Cost per Unit
1-Jan.	Balance	175	$86
14-Mar.	Sale	55
23-May	Purchase	135	90
21-Aug.	Sale	100
5-Nov.	Purchase	175	91
18-Nov.	Sale	100
30-Nov.	Sale	100
5-Dec.	Sale	100
10-Dec.	Purchase	25	95

Required: a. Compute the cost of goods sold using the perpetual inventory system for theFIFO cost flow assumption.

b. Compute the ending inventory using the perpetual inventory system for the LIFO cost flow assumption.

c. Compute the cost of goods sold using the perpetual inventory system for the LIFO cost flow assumption.