Layden Co began operations on January 2, 2018 and has a fiscal year end of December 31. At the beginning of 2022, Layden reported 600 units of inventory at $15 per unit. In 2022, Layden purchased 4,750 units of inventory for resale at a cost of $90,250 and sold 3,500 units. In 2023, Layden purchased another 4,100 units of inventory for resale at a cost of $22 per unit and sold 4,500 units.

Assuming FIFO, calculate Layden's Goods available for sale, Costs of Goods Sold, and Ending Inventory for 2022 and 2023 (1.5 points per blank).

2022 Goods Available for Sale:

2022 Cost of Goods Sold:

2022 Ending Inventory:

2023 Goods Available for Sale:

2023 Cost of Goods Sold:

2023 Ending Inventory:

Assuming LIFO, calculate Layden's Goods available for sale, Costs of Goods Sold, and Ending Inventory for 2022 and 2023 (1.5 points per blank).

2022 Goods Available for Sale:

2022 Cost of Goods Sold:

2022 Ending Inventory:

2023 Goods Available for Sale:

2023 Cost of Goods Sold:

2023 Ending Inventory: