Beginning inventory, 2020 Inventory purchased in 2020 Cost of goods available for sale in 2020 1,000 units @ $100 each 2.000 units $150 each 3,000 units $100,000 300,000 $400,000 Assume that 1.700 units are sold during 2020. Compute the cost of goods sold for 2020 and the balance reported as ending inventory on its 2020 balance sheet under the following inventory cost- ing methods: FIFO LIFO Average cost c