The Inventory records of Kuffel Co. reflected the following Information for the year ended December 31, 2019: Total Cost $ 4,650 2,380 Date 1/1 1/24 2/22 3/7 4/10 6/11 9/28 12/4 Transaction Beginning inventory Purchase Sale Purchase Purchase Sale Purchase Sale Number of Units 150 70 (100) 90 140 (100) 50 (100) Unit Cost $ 31 34 - 35 38 - 37 3,15e 5, 320 1,850 - Required: a. Assume that Kuffel Co. uses a periodic Inventory system. Calculate cost of goods sold and ending Inventory under FIFO and LIFO FIFO LIFO Cost of goods sold Ending inventory b. Assume that Kuffel Co. uses a perpetual Inventory system. Calculate cost of goods sold and ending Inventory under FIFO and LIFO. FIFO LIFO Cost of goods sold Ending inventory