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 360 units120 from each of the last three purchases. Jan. 1 Beginning inventory 220 units @ $2.80 = $ 616 Mar. 7 Purchase 480 units @ $3.25 = 1,560 July 28 Purchase 1,120 units @ $3.30 = 3,696 Oct. 3 Purchase 1,000 units @ $3.60 = 3,600 Dec. 19 Purchase 400 units @ $3.70 = 1,480 Totals 3,220 units $ 10,952 (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.