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[The following information applies to the questions displayed below.] Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15 , Monson sells 15 units for $38 each. \begin{tabular}{ll} Purchases on Decenber 7 & 10 units e $24.00 cost \\ Purchases on Decenber 14 & 20 units e $30.60 cost \\ Purchases on Decenber 21 & 15 units e $32.00 cost \end{tabular} QS 5-14 (Algo) Perpetual: Inventory costing with specific identification LO P1 Of the units sold, 8 are from the December 7 purchase and 7 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification