Larkspur Company uses a periodic inventory system. For April, when the company sold560units, the following information is available.

Units

Unit Cost

Total Cost

April 1 inventory240$27$ 6,480April 15 purchase3703211,840April 23 purchase390

3513,650

1,000

$31,970

Compute the April 30 inventory and the April cost of goods sold using the FIFO method.

Ending inventory$

Cost of goods sold$