Assume that Cullumber Company has the following transactions in its first month of operations.

$\backslash$table$[[$Date$,$Purchases,Sold,Balance$],[$Feb$.1,1,700$ @ $$4\mathrm{.}00,,1,700$ units$],[$Feb$.10,5,000$ @ $$4\mathrm{.}40,,6,700$ units$],[$Feb$.21,,3,400$ units,$3,300$ units$],[$Feb$.28,2,400$@$$4\mathrm{.}75,,5,700$ units$]]$

Compute cost of goods sold and ending inventory at February $28,$ assuming Cullumber uses a perpetual inventory system and the FIFO cost flow assumption. $($Round answers to $0$ decimal places, e$.$g$.1,245.)$

FIFO

Cost of goods sold

$ $$