The following information for Dorado Corporation relates to the three-month period ending September 30 Price per Unit s 48 30 36 Units 485,000 Beginning inventory 47,000 460,000 22,000 Sales Purchases Ending inventory Dorado expects to purchase 210,000 units of inventory in the fourth quarter of the current calendar year at a cost of $37 per unit, and to have on hand 69,000 units of inventory at year-end. Dorado uses the last-in, first-out (LIFO) method to account for inventory costs. a. Determine the cost of goods sold and gross profit amounts Dorado should record for the three months ending September 30. b. Prepare journal entries to reflect these amounts