Gale Company has the following inventory and purchases during the fiscal year ended December $31,2023.$

Beginning Inventory $320$ units @ $ $88/$unit

Feb. $10$ purchased $235$ units @ $ $92/$unit

Feb. $20$ sold $400$ units @ $ $168/$unit

Mar. $13$ purchased $257$ units @ $ $86/$unit

Sept. $5$ purchased $285$ units @ $ $72/$unit

Oct. $10$ sold $540$ units @ $ $168/$unit

Gale Company employs a perpetual inventory system.

Required:

$1.$ Calculate the dollar value of ending inventory and cost of goods sold using: $($Round your intermediate calculations and final answers to $2$ decimal places.$)$

$2.$ Using your calculations from Part $1,$ complete the following schedule: $($Round your intermediate calculations and final answers to $2$ decimal places.$)$