XYZ Corporation has the following information related to its inventory for the year ending 12/31/2018: 1/1/2018 Beg Bal March 1st Purchase June 1st Purchase Oct 1st Sale Nov 1st Purchase Units 10,000 2000 5.000 17,000 1,000 Unit/price $ 20 $ 25 $ 33 $ 150 $ 39 Assume XYZ uses the FIFO method to evaluate Inventory, calculate the following: Cost of goods sold Ending inventory Gross profit