Beginning inventory, purchases, and sales for Item Zeta$9$ are as follows:

Date Line Item Description Value

Oct. $1$ Inventory $78$ units @ $$17$

Oct. $7$ Sale $61$ units

Oct. $15$ Purchase $92$ units @ $$20$

Oct. $24$ Sale $25$ units

Assuming a perpetual inventory system and using the first$-$in$,$ first$-$out $($FIFO$)$ method, determine $($a$)$ the cost of goods sold on October $24$ and $($b$)$ the inventory on October $31.$

a$.$ Cost of goods sold on October $24$ fill in the blank $1$ of $2$

b$.$ Inventory on October $31$