Blossom Company sells leather saddles and equipment for horse enthusiasts. Blossom uses the perpetual inventory system. The following schedule relates to the company's inventory for the month of May: Cost Sales May 1 Beginning inventory 150 units $97,500 5 Sale 100 units $84,500 9 Purchase 50 units $35,750 13 Purchase 200 units $156,000 24 Sale 200 units $182,000 27 Sale 50 units $52,000 30 Purchase 75 units $64,350 (a1) Calculate Blossom Company's cost of goods sold, gross margin, and ending inventory using FIFO. Cost of goods sold $ Gross margin $ Ending inventory $