Required information Problem 6.5A (Static) Calculate ending inventory and cost of goods sold using FFFO and LIFO and adjust inventory using lower of cost and net realizable value ( LO6-3, 6.6) [The following information applies to the questions displayed below.] For the current year, Parker Games has the following inventory transactions related to its traditional board games. Parker Games uses a periodic inventory system. Problem 6-5A (Static) Part 1 Required: 1. Using FFFO, calculate ending inventory and cost of goods sold