Gmail eBook Show Me How Video Inventory by Three Methods; Cost of Goods Sold The units of an item available for sale during the year were as follows: Jan. 1 Inventory 21 units at $1,800 each June 9 Purchase 27 units at $1,950 each July 28 Purchase 14 units at $2,040 each Nov. 1 Purchase 17 units at $2,100 each There are 20 units of the item in the physical inventory at December 31. Determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: Round your final answers to the nearest dollar. Cost Inventory Method Ending Inventory Cost of Goods Sold a. First-in, first-out method 37,620 X 108,630 X b. Last-in, first-out method 36,000 12,200 X c. Weighted average 15,750 X 15,750 X Feedback Check My Work Check My Work