00 8 052 Required information [The following information applies to the questions displayed below) Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system Date Transactions Units Unit Cost Total Cost June 1 Beginning inventory 16 $340 $ 5,440 June 7 Sale 11 June 12 Purchase 10 330 3,380 June 15 Sale June 24 Purchase 320 3,200 June 27 Sale 8 June 29 Purchase 310 $15,040 Book 12 10 10 3,10 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30. Ending inventory Cost of goods sold