Sheffield Corporation reports the following inventory data for the month of January Date Units Unit Cost Explanation Beginning inventory Jan 1 1.550 $ 44 Total Cost $68.200 93,330 15 Purchases 1.830 51 27 Purchases 1.360 45 61,200 4,740 $ 222,730 A physical inventory count determined that there were 1.550 units on hand at the end of January (a) Calculate the cost of the ending inventory and cost of goods sold under FIFO, assuming Sheffield uses a periodic inventory system Calculate the cost of the ending inventory and cost of goods sold under FIFO, assuming Sheffield uses a periodic inventory Cost of ending inventory Cost of goods sold $