Use the following information for questions 8-10: Thompson and Associates started the period with 50 units in beginning inventory that cost $8.50 each. During the period, the company purchased inventory items as follows Purchase # 1 2 3 Number of Items 200 150 50 Unit Cost $ 9.00 $ 9.30 $10.50 Thompson sold-270 units after purchase #3 for $20.00 each. 8. Thompson's cost of goods sold under FIFO would be: $2.451 $2,411 $2,295 $2.550 Question 9 2 pts Based on the information in Question 8, Thompson's ending inventory under LIFO would be: $1,734 O $1,269 $1,890. $1.595, Based on the information in Question 8, Thompson's gross margin under the LIFO method would be: $2,850 O $3.105. O $2,565 $2,989. Question 11