Powell viny had the following information for the year ending December 31: Units 320 Beginning inventory Unit Cost $32 36 Purchase: April 6 May 4 Sale: Purchase: July 19 September 9 Sale: 580 220 Purchase: October 10 45 Powell uses the perpetual inventory system and the LIFQ method. Required: Using LIFO (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year. SU Cost of ending inventory Cost of goods sold On December 31, 2017, $630,000 of 15% bonds were issued. The market interest rate at the time of issuance was 12%. The bonds pay interest on June 30 and December 31 and mature in 20 years. Required: Compute the selling price of a single $1,000 bond on December 31, 2017 Note: Round all intermediate calculations to three decimal places, and round your final answer to the nearest cent. Selling price of bonds: XS