The accounting records of Larkspur Electronics show the following data. Beginning inventory Purchases Sales 2,500 units at $5 6,600 units at $7 7.700 units at $10 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to O decimal places, eg. 1,250.) FIFO Cost of goods sold during the period $ e Textbook and Media Determine cost of goods sold during the period under a periodic inventory system using the LIFO method. (Round answer to o decimal places, eg 1.250.) LIFO Cost of goods sold during the period $ thakand Media