2 Part 2 of 5 [The following information applies to the questions displayed below] Pete's Tennis Shop has the following transactions related to its top-selling Wilson tennis racket for the month of August Pete's Tennis Shop uses a periodic inventory system. Date August 1 Transactions Units Unit Cost Total Cost Beginning B Inventory $141 $ 1,128 20 Don August 4 Sale ($130 each) 5 August 11 Purchase 10 131 August 13 1,310 Sale ($145 each) August 20 Purchase 10 121 1,210 August 26 August 29 Sale ($155 each) Purchase 11 11 111 1,221 4,069 Mc For the specific identification method, the August 4 sale consists of rackets from beginning inventory, the August 13 sale consists of rackets from the August 11 purchase, and the August 26 sale consists of one racket from beginning inventory and 10 rackets from the August 20 purchase 2. Using FIFO, calculate ending inventory and cost of goods sold at August 31. Answer is not complete. Ending inventory Cost of goods sold 3,841 Return to question