Englehart company sells two types of pumps. one is large and is for commercial use. the other is smaller and is used in residential swimming pools. the following inventory data is available for the month of march. units price perunit total residential pumps inventory at feb. 28: 210 $ 380 $ 79,800 purchases: march 10 510 $ 450 $ 229,500 march 20 380 $ 470 $ 178,600 march 30 300 $ 490 $ 147,000 sales: march 15 510 $ 530 $ 270,300 march 25 380 $ 560 $ 212,800 inventory at march 31: 510 commercial pumps inventory at feb. 28: 600 $ 810 $ 486,000 purchases: march 3 600 $ 890 $ 534,000 march 12 320 $ 950 $ 304,000 march 21 510 $ 1,000 $ 510,000 sales: march 18 910 $ 1,080 $ 982,800 march 29 610 $ 1,140 $ 695,400 inventory at march 31: 510 englehart company sells two types of pumps. one isenglehart company sells two types of pumps. one is collapse question part(a)assuming englehart uses a periodic inventory system, determine the cost of inventory on hand at march 31 and the cost of goods sold for march under first-in, first-out (fifo).cost of inventory $ cost of goods sold $