Please help with 3 point

fr B C D E F G H K Body Builder World began January with an inventory of 80 crates of vitamins that cost a total of $2,400. During the month, Body Builder World purchased and sold merchandise on account as follows: Purchase 1 130 crates @ $ 35 Sale 1. 190 crates @ $ 60 Purchase 2 120 crates @ $ 40 Sale 2 130 crates @ $ 70 Problem 1 Requirement 1. Which inventory method most closely mimics the physical flow of Body Builder World's inventory? 2. Prepare a perpetual inventory record, at LIFO cost, for this merchandise. Tournalize all transactions ricing TIFO 1 2 3 4 5 6 2 VITAMINS Purchases Unit Cost Cost of goods sold QTY Unit Cost Total Cost Date QTY Total Cost Inventory on hand QTY Unit Cost Total Cost 80 $ 30 $ 2 400 Beginning 130 $ 35 $ 4 500 130 $ 35 $ 4 500 Purchase 1 Sale 1 60 30 1990 9880 130 76 20 30 600 4800 40 Purchase 2 120 4800 120 40 20 30 600 10 30 300 Sale 2 120 40 10 30 300 4800 19780 320 10 300 Ending 8 A H J K B. C D F G Journalize all transactions using LIFO. Begin by preparing the journal entry for the first purchase. Journal Entry Accounts Date Debit Credit Record the journal entry for Sale 1. Journal Entry Date Accounts Debit Credit Record the cost of goods sold associated with Sale 1