Caffeine Kick uses a perpetual inventory system to keep track of its famous but expensive "Energize Tea". It prices inventory using the FIFO (First in, First out) method. There were 20 packets of "Energize Tea" in stock at the beginning of June 2022, with a cost of s each. During June 2022, the following transactions occurred: June 3 - purchased 30 packets at $60 each. - June 8 - sold 35 packets for $100 each . June 19 - purchased 50 packets at $70 each. - June 28 - sold 10 packets for $120 each Required: 1. Compute the cost of the ending inventory on June 30, 2022. [5 marks] 2. Compute the cost of goods sold for June 2022. [3 marks] NOTE: You can use the table in the response area to help with your calculations for 1 and