Assume that Bass Track had 100 units in beginning inventory on July 1, 2002, and that the cost of these units was $10 each. During the month, the inventory transactions were as follows:

Date	Activity	Number of units	Cost per unit
July 6	Purchase	50	$11
July 12	Purchase	80	$12
July 19	Sale	100
July 24	Purchase	90	$14
July 28	Sale	50

Using FIFO and ACM methods, what are?

1. The cost of goods sold for the month.

2. The ending inventory for the month.