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Required information In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 200

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Required information In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: (1) 200 units at $4 on January 1, (2) 300 units at $6 on January 8, and (3) 890 units at $7 on January 29, Assuming 990 units are on hand at the end of the month. of 3 2:17:00 Calculate the cost of goods available for sale, cost of goods sold, and ending inventory under the LIFO. Assume perpetual inventory system and sold 400 units between January 9 and January 28. (Round your intermediate calculations to 2 decimal places.) lok LIFO inces Goods Available for Sale Cost of Goods Sold Ending Inventory

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