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Ferris Company began 2018 with 5,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January 2016 are as follows: Jan. 10 Jan. 18 Date of Purchase Units Unit Cost Total Cost 542,000 40,000 6,000 S 7 5,000 Totals 11,000 582,000 Includes purchase price purchase price and cost of freight. Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Units 3,000 3,000 4,000 Total 10,000 6,000 units were on hand at the end of the month. Calculate January's ending inventory and cost of goods sold for the month using each of the following Cost of Goods Available for Sale Cost of Goods Sold - Periodic FIFOEnding Inventory - Periodic FIFO Cost of Goods # of units in ending inventorytInventory Cost per Cost of unit Goods Sold Cost per # of units Cost per Ending # of units unit Available for Sale Beginning Inventory 0.00 S 0.00 S January 10 January 18 0.00 0.00 0.00 0.00 Total Cost of Goods Available for Sale Ending Inventory - Periodic LIFO Cost per inventorytInventory Cost of Goods Sold - Periodic LIFO Cost of Goods # of units in ending Cost per # of units Cost per Cost of Ending # of units unit Available for unit Goods Sold Sale Beginning Inventory 0.00 S 0.00 S January 10 January 18 0.00 0.00 0.00 0.00 Total