The following information is for the Bloom Company for the current year: the company sells just one product:

E7-8A. Inventory Costing Methods The following information is for the Bloom Company for the cur- rent year, the company sells just one product: Units 200 Unit Cost $10 14 Beginning inventory. Purchases: Feb. 11 May 18. October 23 500 400 100 16 20 At December 31 there was an ending inventory of 360 units. Assume the use of the periodic inven- tory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost method