January $1,$ a company begins the year with $4,000$ units of inventory with a unit cost of $$25.$ The company makes purchases at the id of each month based on expected units to be sold in the following month relative to current units on hand.

equired:

Complete this question by entering your answers in the tabs below.

Req $1A$

Req $3$

Req $4$

Req $5$

Req $6$

Req $7$A

Req $7$B

Using the LIFO assumption, calculate cost of goods sold and the cost of ending inventory. $($Hint: this calculation is made easier by re$-$sorting monthly purchases and using the Running Sum columns$)$

Note: Round your answers to the nearest whole dollar