Cheyenne Inc. is a retailer using the periodic inventory system. All sales returns from customers result in the goods being returned to inventory. (Assume that the inventory is not damaged.) Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Cheyenne Inc. for the month of January. Unit Cost or Selling Price 19 Quantity 160 100 180 23 42 42 Date Dec. 31 Jan. 2 Jan. 6 Jan. 9 Jan. 9 Jan. 10 Jan. 10 Jan. 23 Jan. 30 Description Beginning inventory Purchase Sale Sale return Purchase Purchase return Sale Purchase Sale 10 75 24 15 24 50 44 26 100 120 50 (a) Calculate (i) cost of goods sold and (ii) ending inventory using FIFO. (Assume sales returns had a cost of $19 and purchase returns had a cost of $24.) (0) Cost of goods sold $ $ $ (ii) Ending inventory