Assume that Java Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: (Click the icon to view the transactions.) 1. Compute ending merchandise inventory, cost of gcods sold, and gross profit using the FIFO inventory costing method. 2. Compute ending merchandise inventory, cost of goods sold, and gross profit using the LIFO inventory costing method. 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the weighted-average inventory costing method. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Requirements 1., 2., and 3. Compute ending merchandise inventory, cost of goods sold, and gross profit using the (1) FIFO inventory costing method, (2) LIFO inventory costing method, and (3) weighted-average inventory costing method (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Begin by determining ending merchandise inventory and cost of goods sold under each of the three methads. More Info Requirement 1 FIFO Jun 12 Purchase 20 Sale 24 Purchase 29 Sale Beginning merchandise inventory 17 unitsS 24 each 3 unitsS 28 each 8 unitsS 33 each 11 units S 31 each 18 units S 33 each Plus Less: Cost of goods sold Print Done