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AJ, a bookseller, had the following transactions during the month of April 2022 and uses the perpetual inventory system. Date Transaction Purchases Sales Balance Quantity

AJ, a bookseller, had the following transactions during the month of April 2022 and uses the perpetual inventory system.

Date Transaction Purchases Sales Balance
Quantity Cost Quantity Cost Quantity Cost
Apr 1 0 $0
Apr 1 Bought 19 novels at $37 each. 19 $37 19 $37
Apr 4 Bought 23 bags at $44 each. 19 $37
23 $44 23 $44
Apr 7 Sold 4 bags. 19 $37
4 $44 19 $44
Apr 11 Bought 18 pencil cases at $5 each. 19 $37
19 $44
18 $5 18 $5
Apr 24 Sold 6 bags. 19 $37
6 $44 13 $44
18 $5
Apr 25 Sold 5 pencil cases 19 $37
13 $44
5 $5 13 $5

Required


The company uses the specific identification cost method for inventory valuation. Calculate the cost of goods sold, and the value of ending inventory for April.


Do not enter dollar signs or commas in the input boxes.

Cost of Goods Sold = $Answer


Ending Inventory = $Answer

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