We Fix It sells medical support products and records purchases and net amounts. It accounts for its inventory using the periodic inventory system. In 2018, the following information was available from the company's inventory records for ankle support products. Date Purchases Sales Balance Quantity Cost Quantity Cost Quantity Cost 1900 $20 2700 $22 2700 $22 Jan 1 Jan 5 Jan 25 2400 $25 2400 $25 Feb 16 700 $28 700 $28 Mar 15 1500 $29 1500 $29 A physical count was taken on March 31 and showed 2,200 units on hand. Required Do not enter dollar signs or commas in the input boxes. a) Assume the company uses the FIFO cost method. Calculate the cost of goods sold, and the value of ending inventory on March 31. Ending Inventory = X Cost of Goods Sold = $ x b) Assume the company uses the LIFO cost method. Calculate the cost of goods sold, and the value of ending inventory on March 31. Ending Inventory = $ Cost of Goods Sold = $