Question 2 of 8 < > View Policies Current Attempt in Progress Transactions for the month of July for Ivanhoe's Bookstore were as follows: Sales Purchases July 1 (balance) 570 @ $7.20 July 3 330@ $9.3 8 1,170 @ $7.30 12 870@ $9.55 22 28 740 @ $7.50 25 760 @ $9.80 30 270 @ $7.65 -/25 E !!! Assuming that periodic inventory records are kept. Determine the ending inventory and cost of goods sold using FIFO method. (Round answers to 2 decimal places, e.g. 52.75.) Ending inventory Cost of goods sold