(10 points) During June, the following changes in inventory item 28 took place: 5,000 units @ S21 1,500 units @ $45 2,000 units @ $50 1,000 units @ $25 1,000 units @ $22 3,000 units @ $52 Balance 8 Sold 10 Sold 14 Purchased 24 Purchased June 1 29 Sold Perpetual inventories are maintained. (6 points) What is the cost of the ending inventory and cost of goods sold for item 27 under LIFO and under FIFO? a. (4 points) Record the journal entry for the sale on the 29th assuming LIFO and a 5% sales tax. b