The following number of computer towers were available for sale during the month for Felicity Computers:

	Units	Unit Cost
Beginning Inventory	10	$170
First Purchase	15	200
Second Purchase	30	250
Third Purchase	25	270

Felicity sold 50 computer towers during the month, and uses the periodic method of accounting for inventory. a) What is the dollar amount of Goods Available for Sale?

b) What is the dollar amount of Cost of Goods Sold using the first-in, first-out (FIFO) method of valuing inventory? c) What is the dollar amount of Cost of Goods Sold using the last-in, first-out (LIFO) method of valuing inventory?