The following comparative information is provided for Wildhorse Company, which uses a perpetual inventory system. The company controller is considering the impact of its choice to use the FIFO method, as compared to the Weighted Average method. Historically, Wildhorse Company has been experiencing decreasing costs to purchase its inventory. Cost of goods sold Ending inventory FIFO $14,640 $1,220 Weighted Average $14,030 $1,830 Assuming 1,830 units are sold for $20 per unit, calculate Wildhorse under (1) FIFO and (2) Weighted Average. FIFO Weighted Average Gross profit $ $