Ivanhoe Inc. is a retailer operating in Calgary, Alberta. Ivanhoe uses the perpetual inventory system. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Ivanhoe for the month of January 2025. Date Dec. 31 Jan. 2 Jan. 6 Jan. 9 Jan. 10 Jan. 23 Jan. 30 (a1) Description Ending inventory Purchase Sale Purchase Sale Purchase Sale Quantity 150 100 175 75 55 95 140 Unit Cost or Selling Price $22 23 40 424 46 26 49

Ivanhoe Inc, is a retailer operating in Calgary, Alberta, Ivanhoe uses the perpetual inventory system. Assume that there are no credit transactions: all amounts are settled in cash. You are provided with the following information for Ivanhoe for the month of January 2025. For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending imventory, and (iii) gross profit. (Round answers to 0 decimal places, eg. 125.) (1) LIFO. (2) FIFO. (3) Moving-average