Causwell Company began 2018 with 27,000 units of inventory on hand. The cost of each unit was $5.00. During 2018 an additional 45,000 units were purchased at a single unit cost, and 37,000 units remained on hand at the end of 2018 (35,000 units therefore were sow during 2018). Causwell uses a periodic inventory system Cost of goods sold for 2018, applying the average cost method, is $192,500. The company is interested in determining what cost of goods sold would have been if the FIFO or LIFO methods were used. Required: Determine the cost of goods sold for 2018 using the FIFO method. Determine the cost of goods sold for 2018 using the LIFO method. (Do not round intermediate calculations.)