Harding Systems, Incorporated uses a periodic inventory system. The purchases of a particular product during the year are shown below:

January 1	Beginning inventory	1,000	units @ $ 7.00	$ 7,000
February 7	Purchase	1,500	units @ $ 7.50	$ 11,250
July 10	Purchase	2,000	units @ $ 8.00	$ 16,000
November 25	Purchase	1,500	units @ $ 8.50	$ 12,750
	Total	6,000		$ 47,000

At December 31 the ending inventory consisted of 2,500 units.

Compute the following:

a. The cost of the ending inventory on December 31 (Using the Average cost method)

b. The cost of Goods Sold (Using the Average cost method)

c. The cost of the ending Inventory (Using the FIFI method)

d. The cost of goods sold (Using the FIFO method)

e. The of cost of the ending Inventory (using the LIFO method)

f. The cost of Goods sold (Using the LIFO method)