Powder, Inc. sells an Xpert snowboard that is popular with snowboard enthusiasts. The following information shows Powder's purchases and sales of Xpert snowboards during November: Unit Unit Sales Cost/Price Price Date Explanation Units . 1 Beginning inventory 31 $298 5 Purchases 21 303 12 Sales (40) 474 19 Purchases 44 308 22 Sales (46) 485 25 Purchases 32 313 42 Determine the cost of goods sold and ending inventory using (1) FIFO and (2) average cost, assuming Powder uses a perpetual inventory system. (Round FIFO answers to the nearest whole dollar, eg. 5,275 and Average cost answers to 2 decimal places, es 15.25. Do not round intermediate calculations.) FIFO Average Cost Cost of goods sold $ $ Ending inventory $