Flying Tomato sells a snowboard, WhiteOut, that is popular with snowboard enthusiasts. Presented below is information relating to Flying Tomato's purchases of WhiteOut snowboards during September. During the same month, 121 WhiteOut snowboards were sold at $170 each. Flying Tomato uses a periodic inventory system. Instructions: (a) For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. (b) What is gross profit under each method? (c) Which method results in a larger amount reported for assets on the balance sheet