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Question III) 30 points P Albu company purchases and sells bicycles. The company has following transactions during August 2017. According to the information below, please calculate Cost of Good Sold for August 14 and August 31 (15 points) and calculate ending inventory at the end of August by using FIFO method (15 points) 8 units @ $ 80 each 16 units @ $85 each 22 units August 1 August 3 August 14 August 17 August 28 August 31 Beginning Inventory Purchase Sales Purchase Purchase Sales 15 units a 90 each 10 units @ 95 each 13 units