Ayayai Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 146 tents. This consists of 48 tents at a cost of $207 each and 98 tents at a cost of $229 cach. During April, the company had the following purchases and sales of tents: Sales Uni Purchases Unit Cost Uni Date Unit Price 74 $395 204 $280 253 395 291 295 190 395 Determine the cost of goods sold and the cost of the ending inventory using FIFO. Date Purchase Cost of Goods Sold Inventory Balance Apr 3 Apr 10 Apr 17 Apr 24 Apr 30 Ending Inventory: Cost of Goods Sold: 1,011