Below are the purchase orders for May:

Dates Units Cost$/$Unit

$1-$May $126$ $ $7\mathrm{.}35$

$5-$May $189$ $ $6\mathrm{.}85$

$16-$May $74$ $ $7\mathrm{.}85$

$23-$May $153$ $ $6\mathrm{.}90$

$31-$May $133$ $ $7\mathrm{.}15$

The ending inventory has $73$ units on hand. Calculate the inventory and cost of goods sold balances

using the LIFO method. $($round to two decimal places$)$