Inventory information for Part 311 of Culver Corp. discloses the following information for the month of June. 301 units @ $16 11 Purchased 797 units @ $19 20 Purchased 503 units $20 Balance June 10 Sold 197 units @ $37 15 Sold 498 units $39 27 Sold 297 units @ $42 June 1 (a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. P) FIFO Cost of Goods Sold Ending Inventory