Use the following information for questions 1, 2, and 3:

Below are inventory purchases and sales including costs.

January 01: no beginning inventory

January 02: Purchase inventory: 10 items for $100 each

January 24: Purchase inventory: 10 items for $200 each

March 02: Sold inventory: 10 items

March 16: Purchase inventory: 10 items for $300 each

March 30: Sold inventory: 15 items

1. Using the information above and determine the Ending Inventory balance at March 31^st using perpetual LIFO (C6-2).

Identify the Cost of goods sold (COGS) expense for the of the March Income Statement (C6-1).

1. Using the information above and determine the Ending Inventory balance at March 31^st using periodic Weighted-Average (C6-2).

Identify the Cost of goods sold (COGS) expense for the of the March Income Statement (C6-1).

1. Using the information above and determine the Ending Inventory balance at March 31^st using Perpetual FIFO (C6-2).

Identify the Cost of goods sold (COGS) expense for the of the March Income Statement (C6-1).