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 follow: During 2021, each of the three autos sold for $90,000. Additional purchases (iisted in chronological order) and sales for the year were as follows: 3. Calculate ending inventory and cost of goods sold assuming LIFO and a periodic inventory system