You have the following information for Bramble Inc. Bramble Inc. uses the periodic method of accounting for its inventory transactions.

March $1$ Beginning inventory $2,100$ liters at a cost of $804$ per liter.

March $3$ Purchased $2,500$ liters at a cost of $82$ per liter.

March $5$ Sold $2,300$ liters for $$1\mathrm{.}05$ per liter.

March $10$ Purchased $4,000$ liters at a cost of $89$& per liter.

March $20$ Purchased $2,500$ liters at a cost of $97d$ per liter.

March $30$ Sold $5,100$ liters for $$1\mathrm{.}25$ per liter.

$($a$1).$

$(a2)$

Your answer is partially correct.

Prepare partial income statements for $2022$ through gross profit, under each of the following cost flow assumptions. $($Round answers to $2$ decimal places, e$.$g$.125\mathrm{.}25.)$

$(1)$ Specificidentification method assuming:

$($i$)$ The March $5$ sale consisted of $1,000$ liters from the March $1$ beginning inventory and $1,300$ liters from the March $3$ purchase; and

$($ii$)$ The March $30$ sale consisted of the following number of units sold from beginning inventory and each purchase: $450$ liters from March $1$;$550$ liters from March $3$; $2,900$ liters from March $10$; $1,200$ liters from March $20.$

$(2)$ FIFO

$(3)$ LIFO