Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Date Transactions October 1 Beginning inventory October 4 October 10 October 13 Sale Purchase Sale October 20 October 28 October 30 Purchase Sale Purchase Units 6453476 Unit Cost $ 780 Total Cost $ 4,680 790 800 3,950 3,200 810 4,860 $ 16,690 Required: 1. Calculate ending inventory and cost of goods sold at October 31, using the specific identification method. The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase.