Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2020.

Beginning Inventory				280	units	@	$	80/unit
Feb.	10	purchased		195	units	@	$	84/unit
Feb.	20	sold		360	units	@	$	160/unit
Mar.	13	purchased		290	units	@	$	78/unit
Sept.	5	purchased		255	units	@	$	64/unit
Oct.	10	sold		510	units	@	$	160/unit

Gale Company employs a perpetual inventory system. Required: 1. Calculate the dollar value of ending inventory and cost of goods sold using: (Do not round intermediate calculations. Round the final answers to 2 decimal places.)

	Ending inventory	Cost of goods sold
FIFO
Moving weighted average

2. Using your calculations from Part 1, complete the following schedule: (Do not round intermediate calculations. Round the final answers to 2 decimal places.)

	FIFO	Moving weight average
Sales
Cost of goods sold
Gross profit