2. Caronport Carpentry Shop sells bicycle accessories. For one of the products, safety reflectors, they have the following inventory transactions. For the month of September, what would be the Cost of Goods Sold and ending balance of Merchandise Inventory under the specific identification method. Assuming the perpetual method, show a proper inventory schedule. Show all your work. (5 marks) Sep Sep Sep Sep Sep Sep Sep Sep Sep Date: Transaction 1 Opening balance 4 Purchase 9 Sale 14 Purchase 19 Sale 24 Purchase 30 Ending Units Cost/Unit 63 $ 19 $ 72 21 $ 16 38 $ 7.54 8.30 9.05 10.18 Units remaining 5 5 5 38 ???

2. Caronport Carpentry Shop sells bicycle accessories. For one of the products, safety reflectors, they have the following inventory transactions. For the month of September, what would be the Cost of Goods Sold and ending balance of Merchandise Inventory under the specific identification method. Assuming the perpetual method, show a proper inventory schedule. Show all your work. ( 5 marks)