Need help on FIFO method: Application Problem 7-3B a1-a2, b (Part Level Submission)

Saddlery Company sells leather saddles and equipment for horse enthusiasts. Saddlery uses the periodic inventory system. The following schedule relates to the companys inventory for the month of May

Application Problem 7-3B al-a2, b (Part Level Submission) Saddlery Company sells leather saddles and equipment for horse enthusiasts. Saddlery uses the periodic inventory system. The following schedule relates to the company's inventory for the month of May: Sales $109,200 Cost May 1 Beginning inventory 210 units $126,000 5 Sale 140 units 9 Purchase 70 units $46,200 13 Purchase 280 units $201,600 24 Sale 280 units 27 Sale 70 units 30 Purchase 105 units $83,160 $235,200 $67,200 (al) * Your answer is incorrect. Try again. Calculate Saddlery Company's cost of goods sold, gross margin, and ending inventory using FIFO. Cost of goods sold Gross margin Ending Inventory