The following are the transactions for the month of July. Unit Selling Price Beginning Inventory Purchase July 1 July 13 July 25 July 31 Units Unit Cost 43 $10 215 11 (100) 158 Sold $14 Ending Inventory Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) FIFO (Periodic) Cost per Units Total Unit 43 s 10.00 $ 430 215 $ 11.00 2,365 2,795 100 Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold Units from July 13 Purchase Units from Beginning Inventory Total Cost of Goods Sold Ending Inventory FIFO (Periodic) Solos Cost of Goods Sold Gross Profit 100 0 $ 1,738 $ 1.400 1.100 $ 300