CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 47 Not complete Points out Inventory Costing Methods and the Periodic Method of 2.00 Flag question Lambeth Company experienced the following events in February: Event Units Unit Cost Total Cost Date Feb. 1 Purchased inventory 100 @ Feb. 4 Sold inventory Feb. 9 Purchased inventory 100 Feb. 27 Sold inventory $40 $4,000 50 $42 $4,200 100 If the Lambeth Company uses the LIFO inventory costing method, calculate the company's cost of goods sold and ending inventory as of February 28 assuming the periodic method. Cost of goods sold $ Ending inventory