Whispering Football Shop began operations on January 2, 2017. The following stock record card for footballs was taken from the records at the end of the year. Date Units Received Unit Invoice Cost 1/15 69 Voucher 10624 11437 21332 27644 31269 Totals 3/15 6/20 9/12 11/24 Terms Net 30 1/5, net 30 1/10, net 30 1/10, net 30 1/10, net 30 Gross Invoice Amount $2,001 1,932 2,398 1,854 1,520 $9,705 109 103 95 460 A physical inventory on December 31, 2017, reveals that 113 footballs were in stock. The bookkeeper informs you that all the discounts were taken. Assume that Whispering Football Shop uses the invoice price less discount for recording purchases. Compute the December 31, 2017, inventory using the FIFO method. (Round per unit and final answer to 2 decimal paces, e.g. 35.57.) Ending Inventory using the FIFO method Compute the 2017 cost of goods sold using the LIFO method. (Round per unit and final answer to 2 decimal paces, e.g. 35.57.) Cost of Goods Sold using the LIFO method What method would you recommend to the owner to minimize income taxes in 2017, using the inventory information for footballs as a guide? Click if you would like to Show Work for this question: Onen Show Work