please answer both questions

X Instructor-created question i Data Table A company has the following information: (Click the icon to view the information.) 31,000 3.70 $ 114,700 The company uses a perpetual inventory system. (a) Assume the FIFO inventory costing method: cost of goods sold for the year is $ 3.90 4.20 50,000 99,000 65,000 245,000 195,000 415,800 312,000 $ 1,037,500 4.80 (b) Assume the LIFO inventory costing method: cost of ending inventory is $ 152000 Beginning inventory 1/1 Purchases February 8 March 15 April 10 Subtotal Units Sold - April 22 at $14 May 9 June 19 Subtotal Units Sold - August 11 at $18 September 20 October 30 November 17 82,000 32.000 410,000 163,200 350.000 $ 1.610,700 116.000 13.000 5.40 68.000 205,200 49,500 419.000 1.934.300 Subtotal Print Done Enter your answer in the edit fields and then click Check Answer, All parts showing Check Answer Comment >