Purchases

May $4,1,300$

$14,660$

$29,400$

@

Sales

May $3,280$

$16,1,000$

$460$

@

$$7\mathrm{.}50$

$($a$)$

Your answer is incorrect.

Calculate the cost of goods sold and ending inventory using FIFO.

FIFO

Cost of goods sold

Ending inventory

$