E2) On August 1st AXI Com's beginning inventory is 1,420 units at $13 per unit. AXI purchases 1,500 units on August 6th at $13.20 per unit. On August 14thAXI sells 1,650 units. On August 21st AXI purchases another 1,800 units at $13.35 per unit. On August 30 th AXI sells 630 units. Required: Using the moving average cost formula calculate AXI Com's Cost of Goods Sold for August and their ending inventory at August 31st. (For each calculation - Round to 2 decimals). ( 8 Marks)