16 Bramble Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Date Explanation Units Unit Cost/Price Total Cost Balance in Units Aug. 2 Purchases 250 $60 $15,000 250 3 Purchases 500 90 45,000 750 10 Sales (270) 140 480 15 Purchases 960 122 117,120 1,440 25 Sales (345) 170 1,095 Calculate the cost of goods sold and ending inventory using FIFO