Refer to the information for Filimonov Inc. and assume that the company uses a perpetual inventory system. Calculate the cost of goods sold and the cost of ending inventory using the LIFO inventory costing method.

Date Description Units Purchased at Cost Units Sold at Retail June I 14 29 Beginning inventory Purchase1 Sale 1 Purchase 2 Sale 2 200 units @ $10 = $2.000 300 units @ $12 = $3.600 400 units @ $25 250 units $14- $3,500 225 units a $25