Inventory information for Part 311 of Marin Corp. discloses the following information for the month of June. une 1 Balance301 units@ $16 June 10 Sold 198 units@ $39 11 Purchased 797 units@ $19 15 Sold 497 units@ $41 27 Sold 301 units @ $44 20 Purchased 498 units@$21 Your answer is incorrect. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. LIFO FIFO Cost of Goods Sold$ Ending Inventory