Inventory information for Part 311 of Whispering Corp. discloses the following information for the month of June. June 1 Balance 299 units @ $13 11 Purchased 804 units @ $16 20 Purchased 500 units @ $17 222 June 10 Sold 198 units @ $32 15 Sold 495 units @$33 27 Sold 305 units @ $36 (a) 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 Cost of goods sold $ Ending inventory (2) FIFO $ $