Problem 8-7 (Static) Various inventory costing methods [LO8-1, 8-4] [The following information applies to the questions displayed below] Carlson Auto Dealers inc sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished bv their unique iD number. At the beginning of 2021 . Carlson had three cars in inventory. as follows: During 2021, each of the three autos sold for $90,000. Additional purchases (listed in chronological order) and sales for the year were as follows: 2. Calculate ending inventory and cost of goods sold assuming FIFO and a periodic inventory system