CALCULATOR FULL SCREEN PRINTER VERSION Problem 6-3A Monty Corp. had a beginning inventory on January 1 of 263 units of Product 4-18-15 at a cost of $22 per unit. During the year, the following purchases were made. Mar. 15 700 units at $25 Sept. 4 613 units at $28 July 20 438 units at $26 Dec. 2 175 units at $31 1,750 units were sold. Monty Corp. uses a periodic Inventory system UUSWEIS ar LTL 9 Which cost flow method results in (1) the highest inventory amount for the balance sheet, and the highest cost of goods sold for the income statement (1) FIFO results in the highest inventory amount, $ (2) LIFO produces the highest cost of goods sold, Click if you would like to Show Work for this questioni Open Show Work