audit of inventories

Prima, Inc. sells electric stoves. It uses perpetual inventory system and allocates cost to inventory on a first-in, first out (FIFO) basis. The company's reporting date is December 31. On December 1, 201A, inventory on hand consisted 350 stoves at P820 each and 43 stoves at 850 each. The following inventory transactions occurred (all purchase and sales transactions are on account): 201A Dec 1 |Sold 300 stoves for P1,200 each. 3 Five (5) stoves were returned by customers. They had originally cost P820 each and were sold for P1,200 each. 9 Purchased 55 stoves at P910 each. 10 Purchased 76 stoves at P960 each. 15 Sold 86 stoves for P1,350 each. 17 Returned one (1) damaged stove to the supplier. This stove had been purchased on December 9. 22 Sold 60 stoves for P1,250 each. 26 Purchased 72 stoves at P980 each. Required: 3. what is the FIFO cost of inventory on December 31, 201A? 4. What is the cost of goods sold in December 201A