Sandhill Lighting had a beginning inventory of 19 units at a cost of $7 per unit on August 1. During the month, the following purchases and sales were made. Purchases Sales August 5 24 units at $8 August 2 14 units August 11 34 units at $9 August 10 19 units August 23 29 units at $10 August 19 49 units August 21 19 units Sandhill uses a periodic inventory system. Determine ending inventory and cost of goods sold under: 1. FIFO and 2. LIFO FIFO 1 Ending inventory $ 2. Cost of goods sold $ LIFO