Below is the Inventory purchases of Carrigan Corrugated Company.
	Units	Cost per Unit
Beginning balance	173	$ 1.25
January 1st purchase	257	$ 1.15
January 8th purchase	300	$ 0.95
January 17th purchase	287	$ 1.10
January 27th purchase	164	$ 1.30
January 31st purchase	139	$ 1.35
At the end of January, a physical inventory revealed that 1,205 units were sold and
the remainder were left as ending inventory.

Calculate the Cost of Goods Sold and the ending Inventory balance using the LIFO method.

(round all answers using two (2) decimal places)