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Exercise 8-10 Inventory information for Part 311 of Monty Corp. discloses the following information for the month of June. June 1 Blance 304 units $17 June 10 Sold 201 units@$41 11 Purchased 804 units $21 20 Purchased 499 units @ $22 15 Sold 503 units$43 27 Sold 301 units@ $46 Your answer is incorrect. Try again. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under(1) LIFO and (2) FIFO. LIFO FIFO Cost of Goods Sold 19889 20602 Ending Inventory 3141 12428 LINK TO TEXT Your answer is incorrect. Try again. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory at LIFO? The ending inventory at LIFO 3141 LINK TO TEXT '] Your answer is correct. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO? Gross Profit(FIFO)2382 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT