Problem 8-8 Morgan's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2017, Morgan adopted dollar-value LIFO and decided to une a single inventory pool. The company's January 1 inventory consists of: Category Quantity Cost per Unit Total Cost Portable Midsize Flat-screen 5,700 8,100 3.100 16,900 115 655,500 288 2,332,800 460 1,426,000 $4,414,300 During 2017, the company had the following purchases and sales Quantity Quantity Selling Price Category Purchased Cost per Unit Sold Portable Midsize per Unit 15,200 20,900 9,800 $127 13,500 345 24,600 75 5,700 3,800 $173 466 690 Flat-screen90 45,900 Your answer is incorrect. Try again. Compute ending inventory, cost of goods sold, and gross profit. (Round answers to o decimal places, e.g. 6,548.) Ending inventory Cost of goods sold Gross profit LINK TO TEXT Your answer is incorrect. Try again. Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit.(Round price index to 6 decimal places e.g. 1.456287 and final answers to O decimal places, e.g. 6,548.1 Ending inventory Cost of goods sold Gross profit LINK TO TEXT