ces [The following information applies to the questions displayed below.] Auto Dealers Incorporated sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2024, Auto Dealers had three cars in inventory, as follows: Car ID 203 207 210 Car ID 211 212 213 Cost During 2024, each of the three autos sold for $117,000. Additional purchases (listed in chronological order) and sales for the year were as follows: 214 215 216 217 218 219 $ 87,000 87,000 90,000 Cost $ 87,000 87,000 88,500 90,000 93,000 91,500 96,000 93,300 99,000 Selling Price FIFO Periodic $ 117,000 120,000 not sold 123,000 127,500 not sold 132,000 133,500 not sold 2. Calculate ending inventory and cost of goods sold assuming FIFO and a periodic inventory system.