Company z had the following transactions in its first year of operations: (1)on january 15, purchased 5,000 units of inventory for $20 each (2)on march 1, purchased 10,000 units of inventory for $22 each (3)on march 30, sold 7,000 units of inventory for $48 each (4)on june 20, purchased 9,000 units of inventory for $25 each (5)on august 10, sold 12,000 units of inventory for $50 each (6)on september 3, sold 1,000 units of inventory $49 each company z records transactions using a perpetual system. calculate the cost of goods sold and ending inventory using (1) average cost, (2) fifo, and (3) lifo. company z asks you to advise them on which inventory method to use. what method would you choose if the company wants to take out a loan from a bank in the near future that requires the company to meet a large threshold for its current assets’ value? what method would you choose if the company has a near-term investment opportunity that requires more cash on hand? explain your answers