The records of Mediterranean Corp. reflected the following for the month of October: Date Transaction Number of Units Unit Cost 10/1 Beginning inventory 750 $2 10/2 Purchase Number 1 650 $3 10/5 Sale Number 1 850 10/12 Purchase Number 2 750 $4 10/15 Sale Number 2 850 10/23 Purchase Number 3 1,050 $5 10/28 Ending inventory ? Required: Determine the amount of ending inventory and cost of goods sold using the FIFO periodic system inventory costing method