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c inventory system. Its records show the following for the month of May, in which 114 units were sold Unit Units Total May 1 Inventory53

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c inventory system. Its records show the following for the month of May, in which 114 units were sold Unit Units Total May 1 Inventory53 15 Purchases 44 24 Purchases 61 Totals 158 Cost $13 16 17 $689 704 1,037 $2,430 Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods FIFO LIFO Ending inverigry at May 31 Cost of goods sold

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