Maxell Company uses the FIFO method to assign costs to inventory and cost of goods sold. The company uses a periodic inventory system. Consider the following information: What amounts would be reported as the cost of goods sold and ending inventory balances for the year? Cost of goods sold $675; Ending inventory $125 Cost of goods sold $735; Ending inventory $225 Cost of goods sold $610; Ending inventory $250 Cost of goods sold $660; Ending inventory $200