Pharoah Company uses the perpetual inventory system and had the following purchases and sales during March. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 140 $20 3/3 Purchase 100 $30 3/4 Sales 110 $40 3/10 Purchase 240 $35 3/16 Sales 120 $50 3/19 Purchase 80 $40 3/25 Sales 160 $50 Using the inventory and sales data above, calculate the value assigned to cost of goods sold in March and to the ending inventory at March 31 using FIFO and LIFO. Cost of goods sold Ending inventory FIFO LIFO