[The following information applies to the questions displayed below] Tree Seedlings has the following current-year purchases and sales for its only product. Required: The compony uses a perpetual inventory system. a. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. b. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. c. Compute the gross profit for eoch method. Complete this question by entering your answers in the tabs below. Determine the costs assigned to ending irventory and to cost of goods sold using FIFO. Complete this question by entering your answers in the tabs below. Detamine the costs assianed to ending inventorv and to cost of ooods sold usina FIFO. Complete this question by entering your answers in the tabs betow. Determine the costs assianed to endine inventory and to cost of aoods sold using LIFO. Tree Seedlings has the following current-year purchases and sales for its only product. Required: The company uses a perpetual inventory system. a. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. b. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. c. Compute the gross profit for each method. Complete this question by entering your answers in the tabs below. Compute the gross profit for each method