Inventory information for Part 311 of Kingbird Corp. discloses the following information for the month of June. June 1 June 10 Sold 198 units @ $ 39 Balance Purchased 11 301 units @ $ 16 797 units @ $ 19 498 units @ $ 21 15 Sold 497 units @ $41 301 units @ $ 44 20 Purchased 27 Sold Your answer is correct. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO (1) LIFO (2) FIFO Cost of Goods Sold $ 19920 $ 18021 Ending Inventory $ 10497 $ 12396 * Your answer is incorrect. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory at LIFO? The ending inventory at LIFO $ e Textbook and Media * Your answer is incorrect. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO? Gross Profit (FIFO)