The units of an item available for sale during the year were as follows:

Jan. 1 Inventory 50 units at $120

Mar. 10 Purchase 60 units at $128

Aug. 30 Purchase 10 units at $136

Dec. 12 Purchase 80 units at $140

There are 40 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods (FIFO, LIFO, Weighted Average Cost). Round interim calculations to one decimal and final answers to the nearest whole dollar.

Cost of Ending Inventory and Cost of Goods Sold Inventory

Inventory Method	Ending Inventory	Cost of Goods Sold
FIFO
LIFO
Weighted Average Cost