Use the following information for the next THREE questions. Beginning Inventory at Lower of Cost or Net Realizable Value= Purchases at Cost = $803,740 $264,600 Ending Inventory at Cost- $483,966 Ending Inventory at Net Realizable Value $416,430 Net Sales $868,000 DQuestion 1 1 pts pas Q1: Compute COST OF GOODS SOLD using the COST OF GOODS METHOD and PERIODIC SYSTEM. 1. Input your numerical answer. 2. Do NOT use dollar signs, commas or decimals. 3. Round to the nearest whole dollar. D Question 2 Q2: Compute the GROSS PROFIT % ON SALES using the COST OF GOODS SOLD METHOD and PERIODIC SYSTEM. 1. Input your numerical answer. 2. Do NOT use dollar signs, OR % signs. 3. Round to the nearest whole 2 spaces. Question 3 Q3: Compute ENDING INVENTORY using the COST OF GOODS SOLD METHOD and PERIODIC SYSTEM. 1. Input your numerical answer. 2. Do NOT use dollar signs, commas or decimals. 3. Round to the nearest whole dollar. 1 pts 1 pts