Given the following Number purchased Cost per unit $ 5 Total January 1 inventory April 1 June 1 November 1 53 73 63 68 257 $ 265 584 567 680 $ 2,096 10 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 74 units) Cost of ending inventory b. Calculate the cost of goods sold using the LIFO (ending inventory shows 74 units) Cost of goods sold