please help me answer the first page in fill in the rest of the blanks accordingly in the other pages thank you!

ACC 1101 - Individual Assignment 2 (5%, due on Sunday, 25 April 2021 at 4 pm) 1 (a) FIFO Date Purchase Unit Cost Total Cost Units HappyTravel sells various types of travelling bags. The company uses perpetual inventory system. Below is a summary of the beginning inventory, purchases and sales for the year 2020. January 1 January 5 February 17 1,500 units at RM12 each March 12 Inventory, 1 January Purchases: January 5 March 12 July 24 November 10 April 19 2,500 units at RM11.60 each 800 units at RM12.50 each 1,200 units at RM12.20 each 400 units at RM12.60 each June 10 July 24 October 25 Sales: February 17 April 19 June 10 October 25 Units sold at Selling price 3,000 units at RM18 each 900 units at RM18 each 800 units at RM20 each 600 units at RM20 each November 10 1 (b) LIFO Date Required: 1. Calculate the ending inventory and cost of goods sold using a. First-in, First-out b. Last-in, First-out c. Calculate the sales revenue and determine the gross profit for the year 2020 under FIFO and LIFO method. Purchase Unit Cost Total Cost Units January 1 January 5 February 17 2. Refer to your answer in (1) above. If 700 units of the ending inventory is obsolete or Jout-of-date and could be sold at RM6 per unit, what would be the inventory amount reported in the Statement of Financial Position at 31 December 2020 under FIFO method. Record the journal entries to update the inventory amount. March 12 April 19 June 10 July 24 October 25 Sales Unit Cost Total Cost Balance Unit Cost Total Cost Units Units Sales Unit Cost Total Cost Balance Unit Cost Total Cost Units Units November 10 1 (c) 2