Required information Problem 6.5A (Static) Calculate ending inventory and cost of goods sold using FIFO and LiFO and adjust inventory using lower of cost and net realizable value (LO6-3, 6-6) [The following information applies to the questions displayed below] For the current year, Parker Games has the following inventory transactions related to its traditional board games. Parker Games uses a periodic inventory system. Problem 6-5A (Static) Part 2 2. Using LifO, calculate ending inventory and cost of goods sold