A company's inventory records indicate the following data for the month of April Date Activities Units Acquired at Cost Units Sold at Retail April 1 Beginning inventory 760 units @ $36 - $27,360 April 7 Purchase 640 units @ $40 = $25,600 April 11 Sale 1,120 units @ $110 April 16 Purchase 568 units @ $44 = $24,640 April 22 Sale 400 units @ $112 April 29 Purchase 540 units @ $50 - $27,000 The company uses a periodic inventory system. Determine the cost assigned to ending inventory using the specific identification method. Ending inventory consists of 310 units from the April 29 purchase 260 units from the April 16 purchase 270 units from the April 7 purchase. and 100 units from beginning inventory $66,400. $47,480 $50,440 $41,340 ) $75,560