Complete this question by entering your answers in the tabs below. Determine the costs assigned to ending inventicory and to cost of goods sold using FIFO. Compute the gross profit for each method. Required information Use the following information for the Exercises 11.13 below. (Algo) [The following information applies to the questions displayed below] Tree Seedlings has the following currentyear purchases and sales for its only product. Exercise 5-13A (Algo) Periodic: Inventory costing methods-FIFO and LIFO LO P3 The company uses a periodic inventory system. a, Determine the costs assigned to ending inventory and to cost of goods sold using FiFot b. Determine the costs assigned to ending inventory and to cost of goods sold using LFO. c. Compute the gross profit for each method. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO