Question: The following data represent the inventory figures for 5 5 - gallon fish tanks at an aquarium. 5 5 - Gallon Fish Tanks Inventory (

The following data represent the inventory figures for 55-gallon fish tanks at an aquarium.
55-Gallon Fish Tanks Inventory
(a) How many fish tanks did the aquarium have available for sale?
fish tanks
(b) Calculate the total cost (in $) of the tanks available for sale.
$
(c) If physical inventory on December 31 showed 88 tanks on hand, calculate their dollar value by using FIFO.
$
(d) Calculate the value of the 88 tanks by using LIFO (in $).
(e) Calculate the dollar value of the 88 tanks by using the average cost method (Round your answer to the nearest cent).
$
 The following data represent the inventory figures for 55-gallon fish tanks

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