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: Cost per unit Date January 1 June 2 November 5 Description Beginning inventory Purchase Sales # of units 280 75 305 56 What amounts would be reported as the cost of goods sold and ending inventory balances for the year? Multiple Choice C ) Cost of goods sold $1,805, Ending inventory 5250 O Cost of goods sold $1.955: Ending Inventory $275 Cost of goods sold $1,830 Ending inventory $200 ooo O Cost of goods sold $1,755: Ending inventory $300