(Appendix 66) Inventory Costing Methods: Periodie FIFO Fihmenov Inc. has the following information related to purchases and sales of one of its inventory items: Assume that Filimonov uses a periodic inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the FIFO inventory costing method. Cost of goods sold Ifryentory Feeseack 7 Check My Work For cost of goods sold using the FIFO inventory costing method, apply the following steps