The following is a record of transactions for J Company's inventory Date Transaction Quantity (in units) Purchase Cost Quantity Sold 5.00 5.10 1-Apr Beginning Balance 4-Apr Purchase 5-Apr Sale 11-Apr Purchase 12-Apr Sale 18-Apr Purchase 26-Apr Purchase 27-Apr Sale 28-Apr Sale 30-Apr Purchase 100 400 300 200 300 5.30 200 5.35 5.60 600 800 150 200 5.80 Required: 1. Measure the ending inventory and cost of goods sold on April 30 using the following methods (a)FIFO periodic and perpetual b)LIFO periodic and perpetual 2. Prepare journal entries for each method under a perpetual inventory system. The following is a record of transactions for J Company's inventory Date Transaction Quantity (in units) Purchase Cost Quantity Sold 5.00 5.10 1-Apr Beginning Balance 4-Apr Purchase 5-Apr Sale 11-Apr Purchase 12-Apr Sale 18-Apr Purchase 26-Apr Purchase 27-Apr Sale 28-Apr Sale 30-Apr Purchase 100 400 300 200 300 5.30 200 5.35 5.60 600 800 150 200 5.80 Required: 1. Measure the ending inventory and cost of goods sold on April 30 using the following methods (a)FIFO periodic and perpetual b)LIFO periodic and perpetual 2. Prepare journal entries for each method under a perpetual inventory system