Bridgeport Distribution markets CDs of numerous performing artists. At the beginning of March, Bridgeport had in beginning inventory 2,400 CDs with a unit cost of $6. During March, Bridgeport made the following purchases of CDs. March 5 March 13 3,000 @ $7 4,200 @ $8 March 21 March 26 5,600 $9 2,800 @ $10 During March 13,000 units were sold. Bridgeport uses a periodic inventory system. Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to O decimal places, eg. 1,250. Use weighted-average unit cost rounded to 3 decimal places for computations.) FIFO LIFO AVERAGE-COST $ 47800 $ 58600 $ 106478 The ending inventory The cost of goods sold 99600 $ 88800 $ 85458