CA Ch#6-5 parts Saved 3 Required information (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. Part 3 of 5 Date Units Unit Cost 0 oints Total Cost 1,184 August 1 8 $148 $ August 4 5 10 138 1,380 Transactions Beginning inventory Sale ($165 each) Purchase Sale ($180 each) Purchase Sale ($190 each) Purchase 8 August 11 August 13 August 20 August 26 August 29 eBook 10 128 1,280 11 Print 12 118 1,416 5,260 $ References 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. 3. Using LIFO, calculate ending inventory and cost of goods sold at August 31. Ending inventory Cost of goods sold