Springer Company had the following purchases and sales during April. INSTRUCTIONS: Calculate ending inventory, cost of goods sold and gross profit using: FIFO (25 points) LIFO (25 points) (25 points) AVERAGE COST 1-Apr Beginning Inventory 3-Apr Purchases 5-Apr Sales 10-Apr Purchases 20-Apr Sales 25-Apr Purchases 28-Apr Sales TOTALS Ending inventory in units A B B Purchases Units 1 3 5 2 11 100 = -8 3 Unit Cost 3 4 5 6 Total Purchases 3 12 25 12 52 Sales Units 3 2 3 8 Selling price per unit 10 10 10 Total sales 30 20 30 80