Novak Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 149 tents. This consists of 51 tents purchased in February at a cost of $213 each and 98 tents purchased in March at a cost of $221 each. During April, the company had the following purchases and sales of tents: (a) Determine the cost of goods sold and the cost of the ending inventory using FIFO. Cost of goods sold \$ Ending inventory \$ (b) Your answer is incorrect. Calculate Novak Outdoors's gross profit and gross profit margin for the month of April. (Round gross profit margin to 1 decimal place, e.g. 1.2% and gross profit to 0 decimal places, e.g. 5,275.)