Pharoah Lighting had a beginning inventory of 26 units at a cost of $ 7 per unit on August 1. During the month, the following purchases and sales were made. Purchases Sales August 5 31 units at $ 8 August 2 21 units August 11 41 units at $ 9 August 10 26 units August 23 36 units at $ 10 August 19 56 units August 21 26 units Pharoah uses a periodic inventory system. Determine ending inventory and cost of goods sold under: 1. FIFO and 2. LIFO. FIFO LIFO 1. Ending inventory $ $ 2. Cost of goods sold $ $