Sold or Issued Date March 2 March 15 March 19 March 30 Purchases 2,000 @ $4.00 6,000 @ $4.40 Balance 2,000 units 8,000 units 4,000 units 6,000 units 4,000 units 2,000 @ $4.75 -1 1 Using the above information, find ending inventory and cost of goods sold using average cost, FIFO, and LIFO: 1 1 Ending Inventory Cost of Goods Sold a. Average cost b. FIFO 1 c. LIFO