Question 6 of 6 > -12 Current Attempt in Progress Wildhorse Lighting had a beginning inventory of 31 units at a cost of $7 per unit on August 1. During the month, the following purchases and sales were made. Purchases Sales August 5 36 units at $8 August 2 26 units August 11 46 units at $9 August 10 31 units August 23 41 units at $10 August 19 61 units August 21 31 units Wildhorse uses a periodic inventory system. Determine ending inventory and cost of goods sold under: 1. FIFO and 2. LIFO. FIFO LIFO 1. Ending inventory $ $ 2. Cost of goods sold $ $ e Textbook and Media