Please solve ASAP...

Alternative Inventory Methods Garrett Company has the following transactions during the months of April and May The cost of the inventory on April 1 is $5,$4, and $2 per unit, respectively, under the FIFO, average, and LIFO cost flow assumptions. Required: 1. Compute the inventories at the end of each month and the cost of goods sold for each month for the following alternatives: a. FIFO periodic Cost of Cooss Sold Ending Inventory b. FIFO perpetual Cast of Coses Sold Eneing thuentary \begin{tabular}{ll} Apeill is & is \\ Mar is o \end{tabular} C. LIFO periodic Cost of Coods Sold Ending Imventory \begin{tabular}{lll} Aprit 8 & 1 \\ Mar is & 5 \end{tabular} d. LIFO perpetual (Round your intermediate calculations to the nearest cent.) Cast of Cebes seit Ending Invertity April 5 is is e. Weighted average (Round unit costs to 4 decimal places and final answers to the nearest dollar.) Cost of Coods Sold Ending Inventory \begin{tabular}{ll} Apprit 5 & s \\ May is & is \end{tabular} f. Moving average (Round unit costs to 2 decimal places and final answers to nearest dollar.) Cost of Ceods Sold Ending Invertery Aprit is s May s. 2. Reconcile the difference between the LIFO periodic and the LIFO perpetual results. If an amount is zero, enter " 0 ". April Cost of Goods Sold Ending Inventory Difference \$ \$ May Cost of Goods Sold Ending Inventory Difference \$ \$ 3. If Garrett uses IFRS, which of the previous alternatives would be acceptable, and why? If Garrett Company uses IFRS, it may report its inventory under . It may not use under IFRS because it is not consistent with any presumed physical flow of inventory. Also, is not allowed for tax purposes in most other countries, so there is no tax incentive for a company to use . Note that companies that use IFRS and have rising inventory costs will report a higher income because they include holding gains in income