Culver Outdoor Stores Inc, uses a perpetual inventory system and has a beginning inventory, as at April 1 , of 147 tents. This consists of 49 tents purchased in February at a cost of $211 each and 98 tents purchased in March at a cost of $229 each. During April, the company had the following purchases and sales of tents: (a) Determine the cost of goods sold and the cost of the ending inventory using FIFO. Cost of goods sold $ Cost of the ending inventory $