Novak Distribution markets CDs of numerous performing artists. At the beginning of March, Novak had in beginning inventory 2,580 CDs with a unit cost of $7. During March, Novak made the following purchases of CDs. March 5 1,910 @ $8 March 21 5,070 @ $10 March 13 3,230 @ $9 March 26 2,040 @ $11 During March, 11,530 units were sold. Novak uses a periodic inventory system. Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (For calculation purposes, round average cost per unit to 3 decimal places, e.g. 5.275. Round answers to 0 decimal places, e.g. 125.)

FIFO LIFO AVERAGE-COST

The ending inventory $enter the ending inventory in dollars $enter the ending inventory in dollars $enter the ending inventory in dollars

The cost of goods sold $enter the cost of goods sold in dollars $enter the cost of goods sold in dollars $enter the cost of goods sold in dollars