Question 16 Elsa's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Elsa's purchases of Xpert snowboards during September is shown below. During the same month, 191 Xpert snowboards were sold. Elsa's uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 41 $99 $ 4,059 Sept. 12 Purchases 71 104 7,384 Sept. 19 Purchases 32 106 3,392 Sept. 26 Purchases l 105 8,295 Totals E $23,130 V (3) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at September 30 $ $ Cost of goods sold $ $