Requiced information Problem 8.5 (Algo) Various inventory costing methods [LO8-4, 8-4] [7he following infomator applies to the questions diplayod below] A company began danualy with 6.000 units of tts pincipal product. The cost of each una is $7, liventory itansactions for the month of Januacy are 35 follows: + includes purchase price and cost of freight. B,600 unis were on hand as the end of the therth Problem 8.5 (Algo) Part 3 3. Cakulaye Jenusry's ending inveritary ane cost of goods soid for the menth usng FIf O, perpetuar system. Calculate January's ending inventory and cost of goods sold for the month using FIFO, perpetual system