You are provided with the following information for Flex Inc. for the month ended June 30, 2012. Flex uses the perpetual method for inventory. Unit Cost or Quantity Date Description Selling Price June 1 Beginning inventory 40 $40 June 4 135 Purchase 44 110 June 10 Sale 70 15 June 11 Sale 70 55 June 18 Purchase 46 June 25 Sale 65 75 June 28 Purchase 30 50 (a) Calculate ( ending inventory, (ii) cost of goods sold, (ii) gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (b) Prepare adjusting entries where needed Solve the qs on a separate sheet and scan and upload the image here