Tori Amos Corporation began operations on December 1, 2013. The only inventory transaction in 2013 was the purchase of inventory on December 10, 2013, at a cost of $31 per unit. None of this inventory was sold in 2013. Relevant information is as follows.

Ending inventory units
December 31, 2013				120
December 31, 2014, by purchase date
December 2, 2014		120
July 20, 2014		50		170

During the year 2014, the following purchases and sales were made.

Purchases						Sales
March 15		320 units	at	$38		April 10		220
July 20		320 units	at	39		August 20		320
September 4		220 units	at	44		November 18		170
December 2		120 units	at	47		December 12		220

The company uses the periodic inventory method.

Calculate average-cost per unit.

Determine ending inventory under (1) specific identification, (2) FIFO, (3) LIFO, and (4) average-cost.

Calculate price index.