Culver Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations:

Date			Explanation		Units		Unit Cost		Total Cost		Balance in Units
Aug.	2		Purchases		245		$ 69		$ 16,905		245
	3		Purchases		509		96		48,864		754
	10		Sales		( 284	)					470
	15		Purchases		880		118		103,840		1,350
	25		Sales		( 329	)					1,021

Please help answer Ending Inventory

Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit to 2 decimal places, e.g. 1.25. Round intermediate and final answers to O decimal places, e.g. 5,125.) Cost of goods sold $ 60070 Ending inventory $ $ 117376