Amsterdam Company uses a periodic inventory system. For Aprilwhen the company sold 600 units the following information isavailable.Units Unit Cost Total CostApril 1 inventory 250 $16 $4000April 15 purchase 400 20 8000April 23 purchase 350 21 73501000 $19350Compute the April 30 inventory and the April cost of goods soldusing the FIFO method.Inventory $Cost of goods sold $