Douglas Company's beginning inventory and purchases during the fiscal year ended December 31, 20--, were as shown. January 1, 20-- Beginning inventory Units Unit Price Total Cost 1,090 $ 8.10 $ 8,829 March 5 1st purchase 910 9.10 8,281 April 16 2nd purchase 390 9.60 3,744 June 3 3rd purchase 720 10.30 7,416 August 18 4th purchase 590 11.00 6,490 September 13 5th purchase 820 12.00 9,840 November 14 6th purchase 380 14.00 5,320 December 3 7th purchase 500 14.05 7,025 5,400 $ 56,945 There are 1,000 units of inventory on hand on December 31. Required: 1. Calculate the total amount to be assigned to the ending inventory and cost of goods sold on December 31 under each of the following methods: Cost of Goods Cost of Ending a. FIFO b. LIFO c. Weighted-average (round calculations to two decimal places) Sold Inventory