Smalley, Inc., purchased items of inventory as follows: Jan. 4 100 units @ $2.00 Jan. 23 120 units @ $2.25 Smalley sold 50 units on January 28. Compute the cost of goods sold for the month under the FIFO inventory method. (Omit the "$" sign in your response.) Cost of goods sold $ Wasson Company purchased items of inventory as follows: Dec. 2 50 units @ $20 Dec. 12 12 units @ $21 Wasson sold 15 units on December 20. Determine the cost of goods sold for the month under the LIFO inventory method. (Omit the "$" sign in your response.) Cost of goods sold $