Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 390 units130 from each of the last three purchases. Jan. 1 Beginning inventory 230 units @ $3.20 = $ 736 Mar. 7 Purchase 500 units @ $3.75 = 1,875 July 28 Purchase 1,140 units @ $3.70 = 4,218 Oct. 3 Purchase 1,020 units @ $4.00 = 4,080 Dec. 19 Purchase 440 units @ $4.70 = 2,068 Totals 3,330 units $ 12,977 (a-d) Determine the cost assigned to ending inventory and to cost of goods sold for the following. (Do not round intermediate calculations and round your answers to 2 decimal places.)

A) specific identification	ENDING INVENTORY	COST OF GOODS SOLD
B) weighted average
C) FIFO
D) LIFO