Nittany 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: Unit Units Cost Inventory, December 31, prior year 1,850 $ 6 For the current year: Purchase, March 21 5,030 8 Purchase, August 1 2,950 9 Inventory, December 31, current year 4,120 Required: Compute ending inventory and cost of goods sold for the current year under FIFO, LIFO, and average cost inventory costing methods. Note: Round "Average cost per unit" to 2 decimal places and final answers to nearest whole dollar amount. FIFO LIFO Average Cost Ending inventory $ 35,910 Cost of goods sold $ 41,980