Canadian Tire sells car wash cleaners, Canadian Tire uses a perpetual inventory system and made purchases and sales of a particular product in 2020 as follows: Jan. 1 Beginning inventory Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 120 units @ $ 6.20 = $ 70 units @ $14.70 220 units @ $ 5.50 125 units @ $14.70 = 470 units @ $ 5.30 430 units @ $ 5.20 = 510 units @ $14.70 = 744.00 1,029.00 = 1,210.00 1,837.50 2,491.00 2,236.00 1 7,497.00 Assume that Canadian Tire specifically sold the following units: Jan. 10: 70 units from beginning inventory Mar. 15: 25 units from beginning inventory, and 100 units from the March 7 purchase Oct. 5: 80 units from the July 28 purchase, and 430 units from the October 3 purchase Calculate cost to be assigned to ending inventory and cost of goods sold. (Round your final answers to 2 decimal places.) Ending inventory Cost of goods sold