Perpetual System-calculating Ending Inventory and cost of Sales using FIFO Upland Co.'s inventory records showed the following data accounted for in a perpetual inventory system. Date Units Unit Cost June 1 Inventory June 3 Purchases 1,000 8.40 June 7 Sales (at $16 per unit) 700 June 20 Purchases 680 9.00 June 22 Sales (at $16 per unit) 1.100 500 $8.00 What is (a) ending inventory on June 30, and (b) cost of goods sold for June, using the FIFO inventory method? Note: Round your final answers below to the nearest whole dollar a. Ending inventory on June 305 b. Cost of goods sold for June 5 Check