Periodic inventory using FIFO, LIFO, and weighted average cost methodsThe units of an item available for sale during the year were as follows:DateLine Item DescriptionUnitsCost per UnitAmountJan. $1$Inventory$15$ unitsat $$41$$$615$Aug. $13$Purchase$5$ unitsat $$43215$Nov. $30$Purchase$7$ unitsat $$44308$ Available for sale$27$ units $$1,138$There are $13$ units of the item in the physical inventory at December $31.$ The periodic inventory system is used. Determine the inventory cost using the $($a$)$ first$-$in$,$ first$-$out $($FIFO$)$ method; $($b$)$ last$-$in$,$ first$-$out $($LIFO$)$ method; and $($c$)$ weighted average cost method $($round per$-$unit cost to two decimal places and your final answer to the nearest whole dollar$).$Line Item DescriptionAmounta. First$-$in$,$ first$-$out $($FIFO$)$ method$fill in the blank $1$b$.$ Last$-$in$,$ first$-$out $($LIFO$)$ method$fill in the blank $2$c$.$ Weighted average cost method$fill in the blank $3$