The following transactions occurred during December. Dec. 3 Purchased 3,800 units of inventory on account at a cost of $0.66 per unit. 5 Sold 4,600 units of inventory on account for $0.90 per unit (Matthias sold 3,100 of the $0.60 units and 1,500 of the $0.66) 7 Granted the December 5 customer $180 credit for 200 units of inventory returned costing $144. These units were returned to inventory. 17 Purchased 2,000 units of inventory for cash at $0.80 each. 22. Sold 1,400 units of inventory on account for $0.95 per unit. (Matthias sold 1,400 of the $0.66 units.) Compute ending inventory and cost of goods sold under FIFO, assuming Matthias Company uses the periodic inventory system. Ending Inventory Cost of Goods Sold List of Aceounts Attempts: unlimited