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Swifty Sports began operations on January 2, 2020. The following stock record card for footballs was taken from the records at the end of the

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Swifty Sports began operations on January 2, 2020. The following stock record card for footballs was taken from the records at the end of the year. Units Received Unit Invoice Cost $23 Date 1/15 3/15 6/20 9/12 11/24 Voucher Terms 10624 Net 30 11437 1/5, net 30 21332 1/10, net 30 27644 1/10, net 30 31269 1/10, net 30 Totals Gross Invoice Amount $1,219 1.224 1,581 1.218 1,027 $6,269 93 87 14 79 380 A physical inventory on December 31, 2020 reveals that 110 footballs were in stock. The bookkeeper informs you that all the discounts were taken. Assume that Swifty Football Shop uses the invoice price less discount for recording purchases. X Your answer is incorrect. Compute the December 31, 2020, inventory using the FIFO method. (Round per unit and final answer to 2 decimal poces, e.3. 35.57.) Ending Inventory using the FIFO method $ e Textbook and Media x Your answer is incorrect Compute the 2020 cost of goods sold using the LIFO method. (Round per unit and final answer to 2 decimal proces, s. 35.57) Cost of Goods Sold using the LIFO method $

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