Grouper Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Date Explanation Units Unit Cost Total Cost Balance in Units Aug 251 Purchases 251 $72 $18,072 N 3 498 Purchases 749 103 51.294 449 10 (300) Sales 15 902 Purchases 1,351 118 106,436 1,019 25 Sales (332) Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods sold $ Ending inventory $ Windows Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit and final answers to 2 decimal places, eg. 1.25.) Cost of goods sold $ Ending inventory $ Bramble Hardware Limited reported the following amounts for its cost of goods sold and Inventory: 2018 2017 Cost of goods sold $168,600 $154,800 Ending inventory 36,200 29.400 Bramble made two errors: (1) ending inventory for 2018 was overstated by $2,200 and (2) ending inventory for 2017 was understated by $4,200. Assume that neither error has been found or corrected. (a) Calculate the correct ending inventory and cost of goods sold amounts for each year. 2018 2017 Ending inventory $ $ $ $ Cost of goods sold