Your answer is partially correct. Monty Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 101 units were sold. Units May 1 Inventory 47 Unit Cost Total Cost $15 $705 18 702 15 Purchases 39 24 Purchases 54 19 1.026 Totals 140 $2,433 Compute the ending inventory at May 31 and cost of goods sold using the FIFO, LIFO, and average-cost methods. (Round per unit cost to 3 decimal places, eg, 15.647 and final answers to decimal places, eg. 5,125.) FIFO LIFO Average-cost Ending inventory at May 31 $ 741 $ 585 $ 663 Cost of goods sold $ 1692 $ 1848 $ 1770