Watergate, Inc. uses a perpetual inventory system. It entered into the following purchases and sales transactions. Use this information to answer the questions that follow.

Watergate, Inc. Inventory

$\backslash$table$[[$Date$,$Activities,Details$],[$Oct$.1,$Beginning Inventory,$100$ units @ $$10],[$Oct$.5,$Purchase,$40$ units @ $$12],[$Oct$.9,$Sale,$60$ units @ $$22],[$Oct$.18,$Purchase,$70$ units @ $$13],[$Oct$.24,$Sale,$55$ units @ $22]]$

Watergate, Inc.: Assuming LIFO inventory method answer the following:

Total cost of goods sold at the end of the period.

Ending inventory in dollars not units at the end of the period.

Gross profit for the period.