The following information relates to Balmoral Beach Ply Ltd during September, 2022 (8 MARKS) 1 September - Beginning Inventory 800 units @ $5 8 September - Purchased 900 units @ $6 10 September - Sold 1100 units @ $8 22 September - Purchased 900 units @ $7 28 September - Sold 1100 units @ $9 Assume there is no GST on these goods that Balmoral Beach Pty Ltd has bought and sold during the month. (It is not necessary to reconstruct detailed individual Stock Cards to record the flow of Inventory in and out of the store, as the firm uses a Periodic Inventory system). Required: Determine the Closing Inventory & Cost Of Goods Sold for the following methods for September. 2022. 1. Weighted Average Method a. Closing Inventory $ b. Cost Of Goods Sold $ 2. FIFO (First-In-First Out) a. Closing Inventory $ b. Cost Of Goods Sold