Periodic inventory by three methods The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are as follows: Date Transaction Number of Units Per Unit Total Apr. 3 Inventory 25 $1,200 $30,000 8 Purchase 75 1,240 93,000 11 Sale 40 2,000 80,000 30 Sale 30 2,000 60,000 May 8 Purchase 60 1,260 75,600 10 Sale 50 2,000 100,000 19 Sale 20 2,000 40,000 28 Purchase 80 1,260 100,800 June 5 Sale 40 2,250 90,000 16 Sale 25 2,250 56,250 21 Purchase 35 1,264 44,240 28 Sale 44 2,250 99,000 Required: 1. Determine the inventory on June 30 and the cost of goods sold for the three-month period, using the first-in, first-out method and the periodic inventory system. Inventory, June 30 fill in the blank 1 of 2$ 32,864 Cost of goods sold fill in the blank 2 of 2$ 310,776 2. Determine the inventory on June 30 and the cost of goods sold for the three-month period, using the last-in, first-out method and the periodic inventory system. Inventory, June 30 fill in the blank 1 of 2$ 31,240 Cost of goods sold fill in the blank 2 of 2$ 312,400 3. Determine the inventory on June 30 and the cost of goods sold for the three-month period, using the weighted average cost method and the periodic inventory system. Round intermediate calculation and final answers to the nearest whole dollar. Inventory, June 30 fill in the blank 1 of 2$ Cost of goods sold fill in the blank 2 of 2$ 4. Compare the gross profit and June 30 inventories using the following column headings. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Line Item Description FIFO LIFO Weighted Average Sales $fill in the blank 7 525,250 $fill in the blank 8 525,250 $fill in the blank 9 525,250 Cost of goods sold fill in the blank 10 -310,776 fill in the blank 11 -312,400 fill in the blank 12 Gross profit $fill in the blank 13 214,474 $fill in the blank 14 212,850 $fill in the blank 15 Inventory, June 30 $fill in the blank 16 32,864 $fill in the blank 17 31,240 $fill in the blank 18