Please use the information given in problem number 13 to compare the LIFO periodic and LIFO perpetual methods for problems 14 and 15. Thank you in advance.

13. Using the following information calculate the Cost of Goods Sold (COGS) and Ending Inventory (EI) using the FIFO Periodic/Perpetual" method. Beginning Inventory 2,400 units @ $29 each Jan 5th Sold 2,000 units 2000 0 29 68000 Jan 10th Purchased 4,000 units @ $37 3900 9 334 129.500 Jan 15th Sold 3,500 units Jan 20th Purchased 2,000 units @ $41 181500 14. Using the facts from Problem #13, please calculate the COGS and EI using the "LIFO Periodic" method. 15. Using the facts from Problem #13, please calculate the COGS and EI using the "LIFO Perpetual" method. Note: This method requires a little more thought but is more in line with the actual events, in chronological order