Balloons Company sells just one product and had the following transactions during May 2014 Beginning inventory May 11 Purchase 16 Sale 18 Purchase 20 Sale 23 Purchase Units 80 150 125 130 150 75 Unit Cost/Price $4 6 25 15 25 6 Required: Compute the following amounts, under the following independent assumptions of inventory costing methods used Round calculations to two decimal places and round the answer to the nearest whole dollar. a) Ending inventory, assuming FIFO inventory costing method (perpetual) b) Cost of goods sold, assuming Weighted Average inventory costing method (perpetual) Part a) Ending inventory, assuming FIFO inventory costing method (perpetual)