Swifty Inc. uses a perpetual inventory system. Its records show the following for the month of May.

$\backslash$table$[[$Date$,$Explanation,Units,$\backslash$table$[[$Unit$],[$Cost$]],\backslash$table$[[$Total$],[$Cost$]]],[$May$,1,$Inventory,$29,$$$8,$$$232$

Calculate the cost of goods sold for May and the ending inventory at May $31$ using the average cost formula.