Spencer Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Spencer Company sold a total of 19,800 units during the year. Read the requirements. Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. (Round the average cost per unit to the nearest cent.) Using the average-cost method, the cost of goods sold is and the ending inventory is $ $ i Requirements i Data Table 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year. 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. Beginning inventory Quantity Unit Cost 8,000 $ 14.00 Purchases during year 12,000 $ 16.00 Print Done Print Done