The following information was available from the inventory records of Rich Company for January Units Unit Cost Total Cost $9.77 Balance at January 1 Purchases: Sales: January 6 January 26 January 7 January 31 Balance at January 31 3,000 2,000 2,700 (2,500) (3,700) 1,500 Jonke 10.30 10.71 $29,310 20,600 28,917 a) Assuming that Rich maintains periodic inventory records, what should be the inventory at January 31, using the FIFO. LIFO and Averam b) Assuming that Rich maintains perpetual inventory records, what should be the inventory at January 31, using the FIFO, LIFO and The following information was available from the inventory records of Rich Company for January Units Unit Cost Total Cost $9.77 Balance at January 1 Purchases: Sales: January 6 January 26 January 7 January 31 Balance at January 31 3,000 2,000 2,700 (2,500) (3,700) 1,500 Jonke 10.30 10.71 $29,310 20,600 28,917 a) Assuming that Rich maintains periodic inventory records, what should be the inventory at January 31, using the FIFO. LIFO and Averam b) Assuming that Rich maintains perpetual inventory records, what should be the inventory at January 31, using the FIFO, LIFO and