Use the following information to answer questions $37$ and $38$

Owl Ltd$.$ sells many products. Hoot is one of its popular items. Below is an analysis of the

inventory purchases and sales of Hoot for the month of March. Owl uses the perpetual inventory

system and the FIFO costing method.

What is the Cost of Goods Sold for March?

$($a$)$ $$34,734$

$($b$)$ $$36,366$

$($c$)$ $$33,960$

$($d$)$ $$37,140$

$($e$)$ None of the above

What is the ending inventory at March $31?$

$($a$)$ $$34,734$

$($b$)$ $$36,366$

$($c$)$ $$33,960$

$($d$)$ $$37,140$

$($e$)$ None of the above