Zippy Shoe Company uses a periodic inventory system. Zippy purchased 435 pairs of shoes at $68 each in June, 990 pairs in August at $70 each, and 650 pairs in December at $73 each. Zippy sold 1,885 pairs of shoes during the year.

Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods.

FIFO

LIFO

Weighted Average