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Question 7 (10 points) Jackson Company's inventory records indicate the following data for the month of January: Jan. 1 Jan. 5 Jan. 9 Jan. 14

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Question 7 (10 points) Jackson Company's inventory records indicate the following data for the month of January: Jan. 1 Jan. 5 Jan. 9 Jan. 14 Jan. 20 Jan 30 beginning purchased sold purchased sold purchased 180 units at $9 each 170 units at $10 each 300 units at S35 each 200 units at Sll each 150 units at $35 each 230 units at S12 each 15 18 If the company uses the last-in, first-out (LIFO) periodic inventory system, what would be the cost of goods sold and the cost of the ending inventory

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