Franklin Company sells every baseball caps. Data regarding their inventory is below. The company uses a periodic inventory system and reports the following for the month of September: Date Activity Units Unit Cost 1-Sep Beg Inv 100 $ 5.00 10-Sep Purchases 320 $ 6.00 16-Sep Purchases 240 $ 8.00 27-Sep Purchases 160 $ 9.00 During the month of September, Sean Co. sold 640 units. Using the information above, answer the following: (1) What QUANTITY (# of units) was on hand at September 30? (2) Compute the value of Ending Inventory that would appear on the balance sheet and Cost of Goods Sold reported in the September Income Statement using the following cost flow assumptions. You must clearly label your answers and show your work to receive partial credit. (A) FIFO (B) LIFO (C) Average Cost