Cheyenne Corp, uses a perpetual inventory system reports the following for the month of June. Date Units 140 Unit Cost $5 June 1 12 Explanation Inventory Purchases Purchases Inventory Total Cost $700 2,160 1,820 360 6 23 7 260 285 30 (61) Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 55 units on June 27 for $9. (Round intermediate calculations and final answers to decimal places, s. 125.). FIFO LIFO Moving-Average The cost of the ending $ $ inventory The cost of goods sold $ $