Salt and Mineral (SAM) began 2024 with 330 units of its one product. These units were purchased near the end of 2023 for $20 each. During the month of January, 165 units were purchased on January 8 for $23 each and another 330 units were purchased on January 19 for $25 each. Sales of 170 units and 200 units were made on January 10 and January 25, respectively. There were 455 units on hand at the end of the month. SAM uses a perpetual inventory system. Required: 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO. 2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO. Cost of Goods Available for Sale Cost of Goods Sold - January 10 Cost of Goods Sold - January 25 Inventory Balance Perpetual FIFO Number of units Cost per unit Cost of Goods Available for Sale Number of units sold Cost per unit Cost of Goods Cost of Number of units sold Cost per unit Goods Sold Sold Number of units in ending inventory Cost per unit Ending Inventory 330 $ 20.00 $ 6,600 $ 20.00 $ 20.00 $ 20.00 23.00 25.00 Beginning Inventory Purchases: January 8 165 23.00 3,795 January 19 330 25.00 8,250 23.00 25.00 Total 825 $ 18,645 < Required 1 Required 2 > 23.00 25.00