Beginning inventory, purchases, and sales for Item Zeta9 are as follows:

Oct. 1		Inventory	65 units @ $21
7		Sale	52 units
15		Purchase	59 units @ $22
24		Sale	17 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
b. Inventory on October 31