Steward Company had a beginning inventory of 400 units of Product MLN at a cost of $8 per unit. 2,00012 During the year, purchases were: Steward Company uses a periodic inventory system. Sales totaled 1,550 units. 1. Determine the dollar amount of ending inventory and cost of goods sold under the FIFO method. Determine the dollar amount of ending inventory and cost of goods sold under the LIFO method