Wong's Trading Cards, Inc, had the following purchases in the month of April. Wong's Trading Card Inventory Purchases Date Activity Number of Units Cost per Unit Total Cost 04/01 Purchase 2,000 $10 $20,000 04/10 Purchase 3,000 $12 $36,000 04/22 Purchase 1,500 $16 24,000 On April 30, Wong sells 4,000 units for $20 unit. Note: For Question 3 there is only 4,000 units sold during April. Do not include sale information from Question 1. What are Wong's Total Sales? 4,000 What is Wong's Gross Profit using the FIFO method of Inventory Valuation? 44,000 What is Wong's Gross Margin Ratio using the FIFO method of Inventory Valuation? (round to two decimal places and include the % sign) 17 What is Wong's Gross Profit using the LIFO method of Inventory Valuation? What is Wong's Gross Margin Ratio using the LIFO method of Inventory Valuation? What is Wong's Gross Profit using the Weighted Average method of Inventory Valuation?