The Hansen Company uses the periodic inventory method and had the following inventory information available: Date Units Unit Cost Total Cost 1//1 Beginning Inventory 100$ $3 $300 1//20 Purchase 500$ $4 2,000 7//25 Purchase 100$ $5 500 10/20 Purchase 300 _$ $6 1,800 _ 1000 $4,600 A physical count of inventory on December 31 st revealed that there were 380 units on hand. Instructions: Answer the following independent questions: a. Assume that the company uses the FIFO method. The value of the ending inventory at December 31 st is: $ Cost of Goods Sold is: $ b. Assume that the company uses the average host method. The value of the ending inventory at December 31 st is: $ Cost of