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Mike Company uses a periodic inventory system. At the end of the annual accounting period, December 3 1 of the current year, the accounting records

Mike Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1:
Units Unit Cost
Inventory, December 31, prior year 1,910 $ 5
For the current year:
Purchase, March 216,1704
Purchase, August 14,0002
Inventory, December 31, current year 2,850
Required:
Compute Mike's ending inventory and cost of goods sold under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 4 decimal places and final answers to nearest whole dollar amount.)

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