Assume that we use a perpetual inventory system and that five identical units are purchased at the following dates and costs: April 5 April 10 April 15 April 20 April 22 $10 $12 $14 $16 $17 One unit is sold on April 25. The company uses the first-in, first-out (FIFO) inventory costing method Identify the cost of the ending inventory on the balance sheet Cost of the ending inventory