Using the LIFO method, calculate the cost of ending inventory and cost of goods sold for Cadwell Corporation.

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The cost of ending inventory is

The cost of goods sold is $$

$\backslash$table$[[,$Quantity,Unit Cost,Total$],[$Beginning inventory,$160$$$,9\mathrm{.}00$$$,1,440],[$Purchases$,240$$$,13\mathrm{.}00$$$,3,120],[$Goods available for sale,$400,,],[$Ending inventory,$120,,*],[$Cost of goods sold,$280,,]]$