A company made the following merchandise purchases and sales during the month of February: 1-Feb purchased 600 units @ $5 each 6-Feb purchased 250 units @ $7 each 8-Feb 15-Feb sold 300 units $20 each purchased 300 units @ $9 each 22-Feb 27-Feb sold 500 purchased 100 units @ $20 each units @ $8 each There was no beginning inventory. If the company uses the first-in, first-out (FIFO) method and the perpetual system, what would be the cost of the ending inventory and the total cost of goods sold?