Consider the following information for Maynor Company, which uses a periodic inventory system: Transaction Units Unit Cost Total Cost January 1 Beginning Inventory 16 $ 66 $ 1,056 March 28 Purchase 26 72 1,872 August 22 Purchase 32 76 2,432 October 14 Purchase 37 82 3,034 Goods Available for Sale 111 $ 8,394 The company sold 37 units on May 1 and 32 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. (Round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.) a. FIFO: