Date	Quantity Purchased	Quantity Sold	Cost per Unit	Quantity on Hand
1/1			$10	8
3/25	25		$12	33
7/14		15		18
10/22	16		$14	34
12/31		4		30

Assuming Christys Cookie Company uses the FIFO inventory cost allocation method, determine the ending inventory balance as of December 31st and the Cost of Goods Sold for the year. Christys Cookie Company uses the periodic system to track changes in the inventory account.

cost of Goods Sold for the year $_______________________

ending Inventory at 12.31 $________________________