Solve using the same format as LIFO and FIFO provided tables below. Make sure to round numbers, for example, don't have a unit cost at 1.677777, and don't have long decimal answers in general. Two examples of LIFO and FIFO are also posted below for reference. Thanks!

FIFO Example:

LIFO Example:

Part 3 Perpetual inventory using LIFO and FIFO In the spaces provided below, determine the cost of good sold and ending inventory under the FIFO and LIFO method for Kimbrell Corporation which uses a perpetual inventory system. Below is the data for the October: \begin{tabular}{l|l} Beginning inventory & 120 units @ \$39 each \\ \hline October 2 purchase & 100 units @ \$41 each \\ \hline October 8 sale & 80 units \\ \hline October 15 purchase & 200 units @ \$42 each \\ October 22 sale & 250 units \end{tabular} FIFO LIFO The beginning inventory and the purchases and sales of inventory for March for the Carolina Company are as presented below. Complete the inventory schedule assuming the FIFO Inventory valuation method is used. The beginning inventory and the purchases and sales of inventory for March for the Carolina Company are as presented below. Complete the inventory schedule assuming the LIFO Inventory valuation method is used