The inventory records of Kuffel Company reflected the following information for the year ended December 31, 2022: Number of Unit Date Transaction Units Cost Total Cost 1/1 Beginning inventory 150 $ 33 $ 4,950 1/24 Purchase 70 35 2,450 2/22 Sale (100) 8 0 3/7 Purchase 98 35 3,150 4/10 Purchase 140 37 5,180 6/11 Sale (100) e B 9/28 12/4 Purchase Sale se 37 1,850 (100) e Required: a. Assume that Kuffel Company uses a periodic inventory system. Calculate cost of goods sold and ending inventory under FIFO and LIFO. b. Assume that Kuffel Company uses a perpetual inventory system. Calculate cost of goods sold and ending inventory under FIFO and LIFO c. LIFO results are different for parts a and b as timing of the application of LIFO rules is relevant. Complete this question by entering your answers in the tabs below. Req A and B Req C a. Cost of goods sold a. Ending inventory b. Cost of goods sold b. Ending inventory FIFO LIFO