SERIAL PROBLEM: KATE'S CARDS (N ote: This is a contination of the Serial Problem: Kate's Cards from Chapters 1 through 5.) SP6. As expected, the holiday season was very busy for Kate and her greeting card company. In facr, moso of her supplies were fully depleted by year-end, necessitaring a restocking of inventory. Assume thar ate uses the periodic method of accounting for nventory and thar her January beginning nventory Ka ds Ca was $0. The following tran sactions occurred for Kate's Cards during January of the New Year: Furciase s Units Unit Cost Total Cost per un $1,200 1,750 1,200 $4,150 Sales Required a. Calculare the company's cost of goods sold and value of ending inventory for the month of Janu- ary using (1) FIFO, (2) LIFO, and (3) the weighted-average cost method. Round the cost per unit to 3 decimal places and round your final an swers to the nearest dollar If he replacement cos of Kate's inventory is $4.00 per uni on January 31 , wha value should be reported for her ending inventory on the January 31 balance sheet under each of the three inven- tory costing methods? b