In some entities, matching cost of sales and sales revenue is easy.

For example, an automobile dealer keeps a record of the cost of each automobile in its inventory. If the dealer sold two automobiles during a given month, one for $40,000 that had cost $35,000, and the other for

$30,000 that had cost $20,000, sales revenue for the period would be recorded as $ _______ and cost of sales as $ ______ .

This is the specific identification method.