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Pina Colada Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 Explanation Inventory Purchases Purchases Inventory Units 120 390 190 230 Unit Cost $5 6 7 Total Cost $ 600 2,340 1,330 30 X Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round answers to O decimal places, eg. 125.) FIFO LIFO Average-cost 1488 $ 1148 $ 1301 The cost of the ending inventory The cost of goods sold $ 2972 $ $ 3312 $ 3159 e Textbook and Media