Ingle's Jingles has the following information related to its inventory for the month of February: Quantity Price/Unit 200 $3.50 600 $3.75 Date Beginning Inventory Feb. 8 Purchase Feb. 16 Purchase Feb. 25 Purchase 400 $3.60 150 $4.00 During February, Ingle's Jingles sold 950 units of inventory for $7 each. Ingle's Jingles uses the FIFO cost flow assumption for its inventory. What would the company report as it's Cost of Goods Sold for February? Ingle's Jingles has the following information related to its inventory for the month of February: Price/Unit Quantity 200 $3.50 600 $3.75 Date Beginning Inventory Feb. 8 Purchase Feb. 16 Purchase Feb. 25 Purchase 400 400 $3.60 $3.60 150 $4.00 During February, Ingle's Jingles sold 950 units of inventory for $7 each. Ingle's Jingles uses the FIFO cost flow assumption for its inventory. What would the company report as it's Ending Inventory for February? Ingle's Jingles has the following information related to its inventory for the month of February: Date Quantity Price/Unit 200 $3.50 600 $3.75 Beginning Inventory Feb. 8 Purchase Feb. 16 Purchase Feb. 25 Purchase 400 $3.60 150 $4.00 During February, Ingle's Jingles sold 950 units of inventory for $7 each. Ingle's Jingles uses the FIFO cost flow assumption for its inventory. What would the company report as it's Gross Profit for February