Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $14.00 11 Purchase 16 units @ $14.00 14 Sale 14 units 21 Purchase Sale 10 units @ 13 units $20.00 25 Assuming the business maintains a perpetual inventory system, calculate the cost of goods sold and ending inventory using FIFO. Select the correct answer. cost of goods sold $676.00 ending inventory $298.00 cost of goods sold $378.00 ending inventory $676.00 cost of goods sold $298.00 ending inventory $378.00 cost of goods sold $378.00 ending inventory $298.00