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.	2		Purchases		251		$72		$18,072		251
	3		Purchases		498		103		51,294		749
	10		Sales		(300	)					449
	15		Purchases		902		118		106,436		1,351
	25		Sales		(332	)					1,019

Calculate the cost of goods sold and ending inventory using the FIFO cost method.

Cost of goods sold	$enter a dollar amount
Ending inventory	$enter a dollar amount

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, e.g. 1.25.)

Cost of goods sold	$enter a dollar amount
Ending inventory