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Nittany Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1: units 1,990 Unit Cost $4 Inventory, Deceber 31, prior year For the current year: Purchase, March 21 Purchase, August 1 Inventory, December 31, current year 5 5,130 2,810 Required: Compute ending inventory and cost of goods sold for the current your under FIFO, LIFO, ond average cost inventory costing methods (Round "Average cost per unit" to 2 decimal places and final answers to nearest whole dollar amount.) Average Cost Ending inventory Cost of goods sold $ 5 FIFO 31,610 s 32.500 5 LIFO 19.000 36,530