Bramble Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 148 tents. This consists of 51 tents at a cost of $ 206 each and 97 tents at a cost of $ 223 each. During April, the company had the following purchases and sales of tents:

			Purchases			Sales
Date			Units		Unit Cost		Units		Unit Price
Apr.	3						75		$ 414
	10		202		$ 271
	17						249		414
	24		287		290
	30						198		414

(a)

Determine the cost of goods sold and the cost of the ending inventory using FIFO.

What is the cost of goods sold?		$
What is the cost of the ending inventory?		$