Problem 5A (5 marks; 10 minutes) - Jenkins Limited has the following inventory and credit purchases during the month ended June 30, 2022. The selling price per unit is $105 each. Date Purchases Sales Jun. 1 Beg. Inv. 200 units @ $50/unit Jun. 7 80 units @ $60/unit Jun. 12 100 units Jun, 14 110 units @ $65/unit 120 units @ $70/unit Jun. 16 Jun. 25 160 units Required: Calculate the values of Cost of Goods Sold and ending inventory using FIFO