Use the data below to answer the questions that follow. Round your final responses to the nearest whole dollar.

Date Description Units Unit Cost

$7/01$ Beg. Inventory $20$ $ $17$

$7/03$ Purchase $80$ $ $18$

$7/05$ Sale $50$

$7/14$ Purchase $40$ $ $19$

$7/21$ Sale $30$

$7/30$ Purchase $90$ $ $20$

The selling price for both $7/05$ and $7/21$ was $$40$ per unit.

Enter whole dollars only, do not enter the dollar sign, do not enter commas for amounts over $999$

Using the FIFO Method $($perpetual$),$ complete the following:

$ $=$ the Cost Of Goods Sold for the $7/05$ sale

$ $=$ the Cost Of Goods Sold for the $7/21$ sale

$ $=$ the dollar amount of Ending Inventory $($on $7/31)$

Using the LIFO Method $($perpetual$),$ complete the following:

$ $=$ the Cost Of Goods Sold for the $7/05$ sale

$ $=$ the Cost Of Goods Sold for the $7/21$ sale

$ $=$ the dollar amount of Ending Inventory $($on $7/31)$