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 UnitCost
Inventory, December 31, prior year	1,810		$	6
For the current year:
Purchase, March 21	5,120			8
Purchase, August 1	2,920			9
Inventory, December 31, current year	4,120

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.)

Please show your calculation. Thanks.