The units of an item available for sale during the year were as follows:
1-Jan	Inventory		21 units at $180
10-Mar	Purchase		29 units at $195
30-Aug	Purchase		10 units at $204
12-Dec	Purchase		15 units at $210
There are 24 units of the item in the physical inventory at December 31. Ther periodic inventory system is used.
Determine the inventory cost and the cost of merchandise sold by three methods presenting your answers in the following form:
			Cost
Inventory Method		Merchandise Inventory		Merchandise Sold