Question 2 Inventory oost flow methods periodic inventory system in" Ltd's sells Tshirts. It uses the periodic inventory system. It's inventory at the beginning of the month June and all purchases during the month of June 212119 are provided as below. Ignore GET. Beginning inventory Purchase Purchase Purchase . .Tetsle .. 3:000 .. $53335. A physical count on 31:) June veried that SHE units were on hand. Required: a} Determine the Ending inventory and Cost of Sales for the month of June, using the FIFO costing method. [4 marks] [1} If all inventories are sold in the same price of 55D, prepare the relevant part of the income statement for the month of June. {2 marks} c] Would you recommend the Perpetual Inventory System to the management of HT Ltd? Explain the reason for your recommendation. {2 marks]