Brutus Corporation a newly formed corporation has the following transactions dur

Brutus Corporation a newly formed corporation has the following transactions during May 2011 its first month of operation.May 1 Purchased 500 units @ $25.00 eachMay 4 Purchased 300 units @ $24.00 eachMay 8 Purchased 700 units @ $23.00 eachMay 20 Purchased 250 units @ $25.25 eachMay 28 Purchased 550 units @ $26.00 eachTotal Units sold= 1525.Calculate cost of merchandise sold and ending inventory using each of the following inventory methods:FIFO PeriodicLIFO Periodic