Inventory Costing: LIFO Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Date Units Sold at Retail Description Units Purchased at Cost June 1 Beginning inventory 150 units @ $14 = $2,100 9 Purchase 1 200 units @ $20 = $4,000 350 units @ $25 14 Sale 1 22 Purchase 2 290 units @ $21 = $6,090 265 units @ $25 29 Sale 2 Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory system. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Required: Calculate the cost of goods sold and the cost of ending inventory using the LIFO inventory costing method. Cost of goods sold Cost of ending inventory Previous Next Check My Work 3 more Check My Work uses remaining