ided Homework Question 3, E6-22A (similar to) Part 1 of 3 MusicPlace specializes in sound equipment. Company records indicate the following data for a line of speakers: (Click the icon to view the data.) Read the requirements. HW Score: 70.67%, 17.67 of 25 points O Points: 0 of 3 Requirement 1. Determine the amounts that MusicPlace should report for cost of goods sold and ending inventory two ways: a. FIFO and b. LIFO. (MusicPlace Start by determining the amounts that MusicPlace should report for cost of goods sold and ending inventory under a. FIFO. FIFO method cost of goods sold FIFO method ending inventory Data table Date Item Quantity Unit Cost Sale Price Mar 1 Balance 19 $ 53 Mar 2 Purchase 4 73 Mar 7 Sale 7 $ 105 Mar 13 Sale 5 96 Print Dane