Penn Company uses a periodic inventory system.

At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1

: Units Unit Cost Inventory, December 31, prior year 1,920 $ 3 For the current year:

Purchase, March 21 5,080 $5

Purchase, August 1 2,940 $6

Inventory, December 31, current year 4,000

Required: Compute ending inventory and cost of goods sold for the current year under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 2 decimal places and final answers to nearest whole dollar amount.)

[FIFO lIFO AVERAGE COST]

ENDING INVENTORY

COST OF GOODS SOLD

please just list the ending inventory and cost of goods sold for each given example of fifo,lifo,cogs.