Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31. Units 1,300 Unit Cost $ 40 Transactions Beginning inventory, January 1 Transactions during the year: Purchase, January 30 b. Sale, March 14 ($100 each) Purchase, May 1 d. Sale, August 31 ($100 each) a. 60 2,000 (950) 700 (1,500) C. 80 Assuming that for Specific identification method (item 1d) the March 14 sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. Assume that the sale of August 31 was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1. Required: 1. Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December 31 under each of the following inventory costing methods: (Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount.) Answer is not complete. Amount of Goods Available for Sale $ 228,000 Ending Inventory Cost of Goods Sold a. 161,000 X $ 67,000 X b. $ 228,000 Last-in, first-out Weighted average cost First-in, first-out Specific identification C. $ 228,000 228,000 d. $