Print Item Question Content Area Beginning inventory, purchases, and sales for an inventory item are as follows:

Sep. 1 Beginning Inventory 24 units $15

5 Sale 14 units

17 Purchase 27 units $18

30 Sale 25 units

Assuming a perpetual inventory system and the first-in, first-out method, determine (a) the cost of the goods sold for the September 30 sale and (b) the inventory on September 30. a. Cost of goods sold $fill in the blank 1 216 b. Inventory, September 30 $fill in the blank 2