Catlet Co. uses a periodic inventory system. Its records show the following for the month of May in which 65 units were sold. Date May 1 May 15...

Here is my question. I've also attached a word.doc for better clarity.Catlet Co. uses a periodic inventory system. Its records show the following for the month of May in which 65 units were sold. Date Explanation Units Unit Cost Total Cost May 24 Purchases 3514.25 498.75Totals 90$1,137.50Compute the ending inventory at May 31 and cost of goods sold using the FIFO and LIFO methods. (Round answers to 2 decimal places, e.g. 10.50.) FIFO LIFO Ending Inventory $ $ Cost of goods sold $ $