You have the following information for Crane Inc. Crane Inc uses the periodic method of accounting for its inventory transactions. March 1 Beginning inventory 2,100 liters at a cost of 50/ per liter: March 3 Purchased 2,500 liters at a cost of 54c per liter. March 5 Sold 2,300 liters for $1.05 per, liter. March 10 Purchased 4,000 liters at a cost of 61c per liter: March 20 Purchased 2,300 liters at a cost of 69c per liter. March 30 Sold 5,100 liters for $1.25 per liter: (2) Fis (a) vifo CRANEINC. Income Statement (partial)