Culver Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Date Explanation Units Unit Cost Total Cost Balance in UnitS Aug. 2 Purchases 245 $69 $16,905 245 3 Purchases 509 96 48,864 754 10 Sales (284) 470 15 Purchases 880 118 103,840 1,350 25 Sales (329) 1,021 Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods sold Ending inventory Calculate the cost of goods sold and ending inventory using the average cost method. Cost of goods sold Ending inventory