Scott Company had the following Information for the year ending December 31: Units Unit Cost Beginning inventory 390 $45 Purchase: April 6 440 42 Sale: May 4 480 Purchase: July 19 300 11 41 Sale: September 9 470 Purchase: October 10 330 40 40 Scott uses the perpetual inventory system and the LIFO method. Required: Using LIFO (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year