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Oliver Cat Emporium made the following cat toy and furniture purchases and sales during the month of March: Mar 2 purchased 600 units at $16

Oliver Cat Emporium made the following cat toy and furniture purchases and sales during the month of March:

Mar 2 purchased 600 units at $16 each
Mar 8 purchased 540 units at $18 each
Mar 12 sold 550 units at $60 each
Mar 21 purchased 710 units at $20 each
Mar 30 sold 800 units at $60 each

There was no beginning inventory. If the company uses the FIFO periodic inventory method (not the perpetual method), what would be the dollar value of both the COGS and the ending inventory?

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