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You have the following information for Coronado Inc. Coronado Inc, uses the periodic enethod of accounting foc its inveritiory transactions. March 1 Eleginning inventory 2.000

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You have the following information for Coronado Inc. Coronado Inc, uses the periodic enethod of accounting foc its inveritiory transactions. March 1 Eleginning inventory 2.000 liters at a cost of 70 e per.litec. March. 3 Purchased 2,500 liters at a cost of 74 per per liter. March 5 Sald 2,300liters for $1.05 per biter. March 10 Purchasedifo00 litersat a cost of 19 perfaten March 20 Purciused2500 liters ata costo 390 per liter. March yo Sold 5000 tefersfor $125 per liter. (a)1) atrsinitationtic (Roond answers to 2 derimal plures es 12550 3) Calculate the value of ending inwentery that would be reported on the balmite shyet, irifer each nf thu followin toost flow assumbtions (Round antiwers to 2 decimal places es 125,50 .) (1) 5pecifx identification method assuminge nurchase; and (2) FIFO (3) Lifo

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