Park Company reported the following March purchases and sales data for its only product, Date Activities Units Acquired at Cost Units sold at Read Mat 1 Beginning inventory 270 units a $9.40 = $2538 Mar 10 Sales 150 units $17.40 Mat 20 Purchase 340 units a $8.40 2,856 Mar 25 Sales 265 units 517.40 Mar 30 Purchase 210 units a $ 740 - 1554 Totals 820 units $6.948 415 units Park uses a perpetual inventory systn. For specific identification, ending inventory consists of 405 units where 210 are from the March 30 purchase, 80 are from the March 20 purchase, and 115 ate dom beginning Inventory 1. Determine the cost assigned to ending inventory and to cost of goods sold using specific identification (Omit the "s" sign in your response.) Ending inventory Cost of goods sold S S Ask your instructora question Cost of goods sold Ask your instructor a question 2. 3. Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Omit the "s" sign in your response.) Date Cost of Goods Sold Inventory Balance 3/1 3/10 = $ 3/20 3/25 3/30 Total s Ask your instructor a