Sunland Distribution markets CDs of the performing artist King James. At the beginning of March, Sunland had in beginning inventory 1,530 King James CDs with a unit cost of 5. During March, Sunland made the following purchases of King James CDs. During March, 9,390 units were sold. Sunland uses a periodic inventory system. Determine the cost of goods available for sale. The cost of goods available for sale Determine (1) the ending inventory and (2) the cost of goods sold under the two assumed cost flow methods (FIFO and average-cost). (Round average unit cost to 4 decimal places, e.g. 25.1672 and final answers to 0 decimal places, e.g. 2,120.) Which cost flow method results in (1) the higher inventory amount for the statement of financial position and (2) the higher cost of goods sold for the income statement? (1) produces the higher inventory amount, (2) produces the higher cost of goods sold