Moly Lusung Methods: Periodic FIFO pendi 5B) Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Date Description June 1 Units Sold at Retail Beginning Inventory Purchase 1 Units Purchased at Cost 150 units @ $10 = $1,500 200 units @ $12 = $2,400 9 Sale 1 300 units @ $25 Purchase 2 22 29 250 units @ $14 - $3,500 Sale 2 225 units @ $25 Assume that Filimonov uses a periodic inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the FIFO inventory costing method. Cost of goods sold Cost of ending inventory $