SER Samuelson and Messenger (SAM) began 2021 with 330 units of its one product. These units were purchased near the end of 2020 for $20 each. During the month of January, 165 units were purchased on January 8 for $23 each and another 330 units were purchased on January 19 for $25 each. Sales of 170 units and 230 units were made on January 10 and January 25, respectively. There were 425 units on hand at the end of the month. SAM uses a periodic Inventory system Required: 1. Calculate ending inventory and cost of goods sold for January using FIFO. 2. Calculate ending inventory and cost of goods sold for January using average cost Complete this question by entering your answers in the tabs below. Required: Required2 Calculate ending inventory and cost of goods sold for January using Firo FIFO Cost of Alable for Sale Cost per Cast of Goods Cest et Goods Bold Periodic Costol sofis Cost per Goods Sold 330 20.00 $ 6.000 Ending Investory Periode FIFO of units Cost per Ending In ending Inventory Inventory $ 20.00 $ 330 20.00 $ 5.500 0 23.00 Beginning inventory Purchase January January 10 Total 2300 165 330 0 25.00 3.795 8.250 18.45 0 0 $ 8.000 0 $ 0 $ Required 2 >