Richardson Company had the following information for the year ending December 31: Units Unit Cost Beginning inventory. 360 $30 Purchase April 6 38 470 570 Sale: May 4 Purchase July 19 510 41 Sale: September 9 400 Purchase October 10 120 45 Richardson uses the perpetual inventory system and the FIFO method. Required: Using FIFO (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year. Cost of ending inventory Cost of goods sold $ $0