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

Beginning Inventory $285$ units @ $ $81/$unit

Feb. $10$ purchased $200$ units @ $ $85/$unit

Feb. $20$ sold $365$ units @ $ $161/$unit

Mar. $13$ purchased $285$ units @ $ $79/$unit

Sept. $5$ purchased $250$ units @ $ $65/$unit

Oct. $10$ sold $505$ units @ $ $161/$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.$)$