On December 1, 2020, Coronado Printers had the account balances shown below. Debit Credit Cash E5,115 E 1.650 Accounts Receivable 4.290 Accumulated Depreciation-Equipment Accounts Payable Share Capital-Ordinary Retained Earnings 3,300 Inventory Equipment 2,145 22,000 23,100 7,700 34,650 34,650 "(3,300 x 0.65) The following transactions occurred during December: Dec. 3 5 Purchased 4,400 units of inventory on account at a cost of 0.72 per unit. Sold 4,840 units of inventory on account for 0.92 per unit. (It sold 3,300 of the 0.65 units and 1,540 of the E072) Granted the December 5 customer 202 credit for 220 units of Inventory returned costing 156. These units were returned to inventory Purchased 2,420 units of inventory for cash at 0.78 each. 17 Dec 3 a 5 7 Purchased 4.400 units of inventory on account at a cost of 0.72 per unit. Sold 4,840 units of inventory on account for 0.92 per unit. (It sold 3,300 of the 0,65 units and 1.540 of the 2012) Granted the December 5 customer 202 credit for 220 units of inventory returned costing 156. These units were returned to inventory Purchased 2.420 units of inventory for cash at 60.78 each Sold 2,200 units of inventory on account for 0.95 per unit. (It sold 2,200 of the 0.72 units.) 17 22 Adjustment data: 1 Accrued salaries payable 440. 2. 2. Depreciation 220 per month. Compute ending inventory and cost of goods sold under FIFO, assuming Coronado Printers uses the periodic Inventory system. Ending Inventory 2678 Cost of Goods Sold 4679