Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period as if it uses a perpetual inventory system. The following are the transactions for the month of July Units Unit Cost July 1 July 5 July 13 July 17 July 25 July 27 Beginning Inventory 3,500 $ 55 Soldi 1,750 Purchased 7,500 59 Sold 4,500 Purchased Sold 9,500 65 6,500 Calculate the cost of ending inventory and cost of goods sold assuming a perpetual inventory system is used in combination with (a) FIFO and (b) LIFO. Complete this question by entering your answers in the tabs below. Required A Required B 4 Calculate the cost of ending inventory and cost of goods sold assuming a perpetual inventory system is used in combination with FIFO.