Cox Company had the following information for the year ending December 31: Units Unit Cost Beginning inventory 380 $45 Purchase: April 6 310 44 Sale: May 4 450 Purchase: July 19 460 38 Sale: September 9 420 Purchase: October 10 200 35 Cox uses the perpetual inventory system and the FIFO method. Required: Using FIFO (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year. Cost of ending inventory Cost of goods sold $