You are provided with the following information for Splish Ltd. for the month ended June 30, 2017. Splish uses the periodic method for inventory. Date Units Description Beginning inventory Purchase Unit Cost or Selling Price 43 June 1 58 June 4 196 46 160 73 June 10 June 11 June 18 22 73 Sale Sale return Purchase Purchase return 80 49 June 18 15 49 87 78 June 25 June 28 Sale Purchase 44 53 Calculate (i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross profit rate under each of the following methods. (1) FIFO. (2) Average-cost. (Round Gross profit rate to 1 decimal place, e.g. 21.5% and all other answers to 2 decimal places, e.g. 21.50. Round average unit cost to 3 decimal places, e.g. 25.167.) FIFO AVERAGE-COST The ending inventory The cost of goods sold Gross profit Gross profit rate % %