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

Gale Company employs a perpetual inventory system.

Required:

Calculate the dollar value of ending inventory and cost of goods sold using: $($Round your intermediate calculations and final

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

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

Beginning Inventory $290$ units @ $ $82/$unit

Feb. $10$ purchased $205$ units @ $ $86/$unit

Feb. $20$ sold $370$ units @ $ $162/$unit

Mar. $13$ purchased $281$ units @ $ $80/$unit

Sept. $5$ purchased $255$ units @ $ $66/$unit

Oct. $10$ sold $510$ units @ $ $162/$unit