For the current year, Parker Games has the following inventory transactions related to its traditional board games. Parker Games uses a periodic inventory system. Date Jan. Mar. 12 Sep. 17 Transaction Beginning inventory Purchase Purchase Units 116 88 58 Unit Cost $19 14 Total Cost $2,204 1,232 406 262 $3,842 Jan. 1-Dec. 31 Sales 168 Because of the increasing popularity of electronic video games, Parker Games continues to see a decline in the demand for board games. Sales prices have decreased by over 50% during the year. At the end of the year, Parker estimates the net realizable value of the 94 units of unsold inventory to be $480. Required: 1. Using FIFO, calculate ending inventory and cost of goods sold. Ending inventory Cost of goods sold