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E7-8A. Inventory Costing Methods The following information is for the Bloom Company for the cur- rent year; the company sells just one product: LO2 Homewort MBC Units Unit Cost Beginning inventory Purchases: Feb. 11 May 18 October 23 200 500 400 100 $10 14 16 20 At December 31 there was an ending inventory of 360 units. Assume the use of the periodic inven- tory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost method