\begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multirow{3}{*}{\begin{tabular}{|l|} Date \\ January 1 \\ \end{tabular}} & \multicolumn{2}{|c|}{ Goods Purchased } & \multicolumn{3}{|c|}{ Cost of Goods Sold } & \multicolumn{3}{|c|}{ Inventory Balance } \\ \hline & \# of units & \multirow[t]{2}{*}{\begin{tabular}{c} Cost per \\ unit \end{tabular}} & \begin{tabular}{c} # of units \\ sold \end{tabular} & \multirow[t]{2}{*}{\begin{tabular}{c} Cost per \\ unit \end{tabular}} & \begin{tabular}{c} Cost of Goods \\ Sold \end{tabular} & \# of units & \multirow[t]{2}{*}{\begin{tabular}{c} \begin{tabular}{c} Cost por \\ unit \end{tabular} \\ \end{tabular}} & \multirow[t]{2}{*}{\begin{tabular}{c} Inventory \\ Balance \end{tabular}} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ January 10} \\ \hline \multirow{2}{*}{\multicolumn{9}{|c|}{ March 14}} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ Total March 14} \\ \hline \multirow{2}{*}{\multicolumn{9}{|c|}{ March 15}} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ Total March 15} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ July 30} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ Total July 30} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ October 5} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ Total October 5} \\ \hline & & & & & & & & \\ \hline \multicolumn{9}{|l|}{ October 26} \\ \hline & & & & & & & & \\ \hline Totals & & & & & $0.00 & & & \\ \hline \end{tabular} Required information [The following information applies to the questions displayed below] Hemming Company reported the following current-year purchases and sales for its only product. Compute the gross profit for FIFO method and LIFO method