The following data was obtained from the records if Ivanovich Artists, Inc., for the year. Round all calculations to two decimal places. Sales during the year were 400 units. Required: Calculate the cost of the ending inventory using: FIFO. LIFO. Average-cost. Calculate the Cost of goods sold by: FIFO. LIFO. Average-cost. An auto dealer uses a perpetual inventory system. The dealer incurred the following transactions during the month of May