Easton Company had average inventory for the year of $640,000 and an inventory turnover ratio of 9.1. What was the company's Days Outstanding in Inventory. Assume a 365 day year. Round to one decimal place. Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Activity Quantity Date Unit Price $10 5/1 Beginning Inventory 100 $12 5/5 Purchase 200 $14 5/15 Purchase 220 $16 5/25 Purchase 225 Sales were 550 units at $20. Using the LIFO method, determine the dollar value of Cost of Goods Sold for the month of May