Sheridan Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 200 $7 $ 1,400 12 Purchase 430 8 3,440 23 Purchase 340 9 3,060 30 Inventory 120 Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory S I $ Cost of goods sold $