Date June 1 9 Inventory Costing: LIFO Filimonov Inc. has the following information related to purchases and sales of one of its inventory Items: Description Units Purchased at Cost Units Sold at Retail Beginning inventory 190 units $14 - $2,666 Purchase 1 240 units $16 - $3,840 Sale 1 270 units $25 Purchase 2 240 units $17-$4,080 215 units $25 Refer to the information for Filimonov Inc. and assume that the company uses a perpetual Inventory system This information has been collected in the Microsoft Excel Online file Open the spreadsheet, perform the required analysis, and input your answers in the question 14 22 29 Sale 2 below !! Open spreadsheet Required: Calculate the cost of goods sold and the cost of ending Inventory using the LIFO inventory costing method Cost of goods sold Cost of ending inventory