Crane Lighting had a beginning inventory of 33 units at a cost of $7 per unit on August 1. During the month, the following purchases and sales were made. Purchases Sales August 5 38 units at $8 August 2 28 units August 11 48 units at $9 August 10 33 units August 23 43 units at $10 August 19 63 units August 21 33 units Crane uses a periodic inventory system. Determine ending inventory and cost of goods sold under: 1. FIFO and 2.LIFO Ending inventory 2 Cost of goods sold $ FIFO LIFO