Brenda Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Brenda Company uses the perpetual inventory system. Purchases Sales Units Unit Cost Units Selling Price/Unit Beginning inventory $40 Purchase $51 Sales Purchase 195 $60 3/1 3/3 3/4 3/10 3/16 3/19 3/25 3/30 Sales Sales Sales Purchase This app $55 Using the FIFO assumption, calculate the amount charged to cost of goods sold for March Cost of goods sold $ eTextbook and Media Using the LIFO assumption calculate the amount assigned to the inventory on hand on March 31. Ending Inventory $ e Textbook and Media