The following information relates to Teal Mountain Ltd.'s inventory transactions during the month of August. All of the units sold were priced at $1,960 per unit. (a) Teal Mountain Ltd. uses the periodic inventory system. Calculate Teal Mountain's cost of goods sold, gross margin, and ending inventory for the month of August using: i. FIFO ii. Weighted-average (Round final answers to 0 decimal places, e.g. 61,052.)