PART (40 POINTS) The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Tina Star Company for an operating period. Units Units Sold Units on Hand Unit Cost $116 124 Total Cost $ 2,320 2,480 40 10 Beginning Inventory Purchase No. 1 Sale No. 1 Purchase No. 2 Sale No. 2 Purchase No. 3 Totals 128 11,520 80 70144 200 10,080 $26,400 110 Required: 1. Assuming Tina Star Company uses FIFO periodic inventory procedures, the ending inventory cost is what amount? 2. Assuming Tina Star Company uses LIFO periodic inventory procedures, the ending inventory cost is what amount? 3. Assuming Tina Star Company uses weighted-average (periodic) inventory procedures, the ending inventory cost is what amount? 4. Assuming Tina Star Company uses FIFO perpetual inventory procedures, sale No. 1 is recorded as an entry to cost of Goods Sold for what amount