2 of 10 (1 complete) Score: 0 of 1 pt E6-20A (book/static) Woody's species in sound equipment Company records indicate the following data for a line of speakers (Click the icon to view the data) Read the regements Requirement 1. Determine the amounts that Woody's should report for cost of goods sold and ending inventory two ways:a. FIFO and b. LIFO. (Woody's uses a perpetual inventory system) a. Using the FIFO method, the cost of goods sold is and the ending inventory is s Data Table Hem Quantity Unit CostSale Price Print Done