Blossom Company's inventory records show the following data for the month of September:

			Units			Unit Cost
Inventory,	September 1		100			$3.00
Purchases:	September 8		225			4.00
	September 18		175			5.00

A physical inventory on September 30 shows 200 units on hand. Calculate the value of the ending inventory and cost of goods sold if the company uses average-cost inventory costing and a periodic inventory system. (Round cost per unit to 2 decimal places and ending inventory and cost of goods sold to the nearest dollar.)

Ending inventory
Cost of goods sold