Cheyenne Furniture Ltd.uses a perpetual inventory system and has a beginning inventory, as at June 1, of 520 bookcases at a cost of $116 each. During June, the company had the following purchases and sales of bookcases: Purchases Sales Date Units Unit cost Units Unit price June 1.210 $118 10 $220 1,740 1,620 225 1,010 6 1,030 14 119 16 26 120 (a) Determine the cost of goods sold and the cost of the ending inventory using the average cost formula (Use urrounded numbers for average cost calculations. Round answers to 2 2 decimal places. 5.52.) Cost of goods sold $ Cost of the ending Inventory