Aunt Bess Corp had the following Inventory. Aunt Bess Corp makes one sale of 200 units on December 23rd and uses the FIFO method to account for inventory. What is the Cost of Goods Sold in December? What is the Ending Inventory in December? Date Transaction Units Cost Total Cost Jan 1 Beg. Inventory 100 $20 $2,000 Jan 10 Purchase 150 $30 $4.500 Cost of Good Sold 55,000 : Ending Inventory 51,500 Cost of Good Sold $4,000: Ending Inventory $1,000 Cost of Good Sold $5,500: Ending Inventory 1,000 Cost of Good Sold 55,200 : Ending Inventory $1,300