On January 1, a company begins the year with 4,000 units of inventory with a unit cost of $25. The company makes purchases at the end of each month based on expected units to be sold in the following month relative to current units on hand. Required: Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2A Req 2B Req 3 Req 4 Req 5 Req 6 Req 7A Req 7B Using the FIFO assumption, calculate cost of goods sold and the cost of ending inventory. (Hint: This calculation is made easier by using the Running Sum columns in Monthly Purchases) Note: Round your answers to the nearest whole dollar. Cost of goods sold Ending inventory