On December 1, Whispering Winds Corp. has three DVD players left in stock. All are identical, all are priced to sell at $86. One of the three DVD players left in stock, with serial \#1012, was purchased on June 1 at a cost of \$56. Another, with serial \#1045, was purchased on November 1 for $50. The last player, serial #1056, was purchased on November 30 for $39. (a) Calculate the cost of goods sold using the FIFO periodic inventory method, assuming that two of the three players were sold by the end of December, Whispering Winds Corp.' year-end. Cost of goods sold