Gregs Bicycle Shop has the following transactions related to its top-sellingMongoosemountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system.

Date	Transactions	Units	Cost per Unit	Total Cost
March 1	Beginning inventory	20	$175	$	3,500
March 5	Sale ($250 each)	15
March 9	Purchase	10	195		1,950
March 17	Sale ($300 each)	8
March 22	Purchase	10	205		2,050
March 27	Sale ($325 each)	12
March 30	Purchase	8	225		1,800
				$	9,300

References Section BreakProblem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4, 6-5)

1. value:

1.53 points Required information

Problem 6-2A Part 1

Required:

1.Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. The March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase.

I need to know ending inventory and cost of goods sold