Use the following table to answer questions 11-14: Qty Price Cost/Unit Total Cos Inventory 100 900 Feb Purchase 50 7 300 Mar Sale140110 11. What is your total revenue going to be? 12. What is your cost of goods sold, assuming LIFO? 13. What is your ending inventory assuming LIFO? 14. What is your gross profit using LIFO? Assume you bought equipment for $100,000. Use the following depreciation table to answer questions 15-17 below: Year Depreciation Rate 20% 3 322 19.20% 11.50 11.50 5.80 15. What is the depreciation expense for year 1? 16. What is the book value at the end of year 2? 17. If you sold the asset at the end of year 4 for $30,000 do you have a gain on sale or a loss on sale and how much is it