Current Attempt in Progress On December 1, 2025, Cullumber Company had the account balances shown below. Inventory =(3,300$0.60) The following transactions occurred during December. Dec. 3 Purchased 4,300 units of inventory on account at a cost of $0.70 per unit. 5 Sold 4,700 units of inventory on account for $0.80 per unit. (Cullumber sold 3,300 of the $0.60 units and 1,400 of the $0.70 units.) 7 Granted the December 5 customer $80 credit for 100 units of inventory returned costing $70. These units were Inventory =(3,300$0.60) The following transactions occurred during December. Dec. 3 Purchased 4,300 units of inventory on account at a cost of $0.70 per unit. 5 Sold 4,700 units of inventory on account for $0.80 per unit. (Cullumber sold 3,300 of the $0.60 units and 1,400 of the $0.70 units.) 7 Granted the December 5 customer $80 credit for 100 units of inventory returned costing $70. These units were returned to inventory. 17 Purchased 2,300 units of inventory for cash at $0.90 each. 22 Sold 2,000 units of inventory on account for $0.99 per unit. (Cullumber sold 2,000 of the $0.70 units.) Compute ending inventory and cost of goods sold under FIFO, assuming Cullumber Company uses the periodic inventory system. Ending inventory $ Cost of goods sold $ Compute ending inventory and cost of goods sold under LIFO, assuming Cullumber Company uses the periodic inventory system. Ending inventory $ Cost of goods sold $