The following information is available for Blossom Company: Assume that Blossom uses a periodic inventory system and that there are 700 units left at the end of the month. Compute the cost of ending inventory under the (a) FIFO method. (b) LIFO method. The following information is available for Sheridan Company: Assume that Sheridan uses a periodic inventory system and that there are 600 units left at the end of the month Compute each of the following under the average-cost method: (a) Cost of ending inventory. (b) Cost of goods sold. (Round average cost per unit to 2 decimal places, es.15.25 and final answers to 0 decimal places, eg. 1,525.) Cost of ending inventory $