As well as

Assuming Chase uses a LIFO cost flow method, what is the amount of cost of goods sold for the sales transaction on January 18?

and

Assuming Chase uses a FIFO cost flow method, what is the cost of goods sold for the sales transaction on January 31?

Required information [The following information applies to the questions displayed below.] Chase Co. uses the perpetual inventory method. The inventory records for Chase reflected the following information: Jan 1 Jan 12 Jan 18 Jan 21 Jan 25 Beginning inventory Purchase Sales Purchase Purchase Sales 2,300 units @ $6.30 2,400 units @ $6.10 2,500 units @ $7.80 2,300 units @ $6.40 2,100 units @ $6.20 2,450 units @ $7.80 Jan 31 Assuming Chase uses a FIFO cost flow method, what is the ending inventory on January 31