Dazzle Diamonds makes plastic power that sparkles. They purchase diamonds by the gram and have asked you to help them valuate their inventory using three methods. Please use the data below: January Beginning Balance 35,800 pounds $13.78 per pound Purchase January 7th 72,650 pounds $8.74 per pound Purchase January 17th 95,620 pounds $7.93 per pound Purchase January 27th 81,340 pounds $8.00 per pound Purchase January 31st 45,070 pounds $12.85 per pound A physical inventory count revealed that there were 62,480 left in the warehouse and weren't sold. Calculate the inventory ending balance and cost of good sold using the FIFO method. (2 answers required) (Round to two (2) decimal places)