5. 400.00 points E7-9 Evaluating the Choice among Three Alternative Inventory Methods Based on Cash Flow Effects LO7-2, 7-3 Following is partial information for the income statement of Audio Solutions Company under three different inventory costing methods, assuming the use of a periodicinventory system: Required: 1. Compute cost of goods sold under the FIFO, LIFO, and average cost inventory costing methods. (Round intermediate calculations to 2 decimal places. Round your answers to the nearest whole dollar amount. FIFO LIFO Cost of goods sold Beginning inventory 384 units S27) S 10,368 S 10.368 10,388 16310 16310 16310 Purchases (466 units S35) Goods available for sale Ending inventory (53B units) Cost of goods sold