PIS-5A For 2015, Parker Games has the following inventory transactions rE traditional board games. m Transaction Units m Jan- 1 Beginning inventory 120 $21 Mar. 12 Purchase Q0 16 Sep. 1? Purchase 60 9 _ 27'0 Jan.1 Sale 170 Dec. 31 Because of the increasing popularity of electronic video games, Parker Ga continues to see a decline in the demand for board games. Sales prices hi decreased by over 50% during 2015. At the end of the year, Parker estima cost to replace the 100 units of unsold inventory is only $500. Required: 1. Using FIFO, calculate ending inventory and cost of goods sold