Esquire Incorporated uses the LIFO method to report its inventory. Inventory at the beginning of the year was $$600,000(24,000$ units at $$25$ each$).$ During the year, $88,000$ units were purchased, all at the same price of $$30$ per unit. $89,000$ units were sold during the year.

Calculate ending inventory and cost of goods sold at the end of the year based on a periodic inventory system.

$\backslash$table$[[,$Cost of Goods Available for Sale,Cost of Goods Sold $-$ Periodic LIFO,Ending Inventory $-$ Periodic LIFO$],[,$Number of units,$\backslash$table$[[$Cost$],[$per$],[$unit$]],,$Goods for Sale,Number of units sold,$\backslash$table$[[$Cost$],[$per$],[$unit$]],,,$Number of units in ending inventory,Cost per unit,,$],[$Beginning Inventory,$24,000,$$ $25,$$$,600,000,,$$ $25,$$$,0,,$$ $25,$$$,0],[$Purchases$,88,000,30,,2,640,000,,$$ $30,,0,,$$ $30,,0],[$Total$,112,000,,$$$,3,240,000,0,,$$$,0,0,,$$$,0]]$