2 Jasper & Williams made purchases of a particular product in the current year as follows: 10 10 points Jan. 1 Beginning inventory Mar. 7 Purchased July 28 Purchased Oct. 3 Purchased Totals eBook 110 units @$2.30 = $ 253 275 units 550 units 50 units 985 units @$2.40 @ $2.50 @ $2.60 15 660 1.375 130 $2.418 Print References Assume that the specific identification method is used to assign costs to cost of goods sold ending inventory. The units in ending inventory were specifically identified as follows. 85 units from beginning inventory 32 units from the March 7 purchase, and 53 units from the July 28 purchase. Required Determine the cost to be assigned to ending inventory and cost of goods sold. (Round the final answers to 2 decimal places.) Ending inventory Cost of goods sold