Problem 6-6A (Part Level Submission) You are provided with the following information for Oriole Inc. Oriole Inc. uses the periodic system of accounting for its inventory transactions. March 1 Beginning inventory 1,925 liters at a cost of 61 per liter. March 3 Purchased 2,455 liters at a cost of 66 per liter. March 5 Sold 2,250 liters for $1.00 per liter. March 10 Purchased 3,955 liters at a cost of 73 per liter. March 20 Purchased 2,495 liters at a cost of 81 per liter. March 30 Sold 5,240 liters for $1.35 per liter. (i) The March 5 sale consisted of 1,000 liters from the March 1 beginning inventory and 1,250 liters from the March 3 purchase; and (ii) The March 30 sale consisted of the following number of units sold from beginning inventory and each purchase: 415 liters from March 1; 540 liters from March 3; 2,900 liters from March 10; 1,385 liters from March 20. (2) FIFO (3) LIFO Oriole Inc. Income Statement (partial) For the Year Ended March 31, 2019 Specific Identification FIFO LIFO Sales revenue Beginning inventory "ICONY XX Purchases X Cost of goods available for sale | intitolo ibilida ibilidad TEnding inventory Cost of goods sold Gross profit/ (Loss)