The records of Cordova Corp. showed the following transactions, in the order given, relating to the major inventory Item: Units Unit Cost 1 Inventory 5,200 $ 7.40 2. Purchase 10,400 7.70 3. Sale (at $16.00) 7,300 4. Purchase 9,400 8.00 5. Sale (at $16.00) 15,600 6. Purchase 17,600 8.16 7. Sale (at $19.00) 15,600 8. Purchase 10,400 8.30 Required: Complete the following schedule for each independent assumption. (Round unit costs to the nearest cent.); Ending Inventory 550 Units and Amounts Cost of Goods Sold 6,600 19,600 Gross Margin 358,880 Independent Assumptions a. FIFO Weighted average, periodic inventory b. system Moving average, perpetual inventory System 1,800 358,812 1,800 6,233 358,812