Peach Company's beginning inventory and purchases during the fiscal year ended December 31, 2018 were as follows: (NOTE: The company uses a periodic system of inventory.) Unit Price Total Cost $493 $29 $27 $1,215 Units January 1-Beginning inventory 17 March 12-Sold April 11-Purchase June 20-Sold 33 Aug 16-Purchase Sept 11-Sold 29 Total Cost of Inventory Ending inventory is 23 units. $864 $2,572 Part 1: Calculate the following assuming Peach uses FIFO: a) What is the value of ending inventory b) What is the cost of goods sold? Part 2: Calculate the following assuming Peach uses Average Cost: a) What is the value of ending inventory b) What is the cost of goods sold