Inventory Costing: Average CostBordeaux Company has the following information related to purchases and sales of one of its inventory items:DateDescriptionUnits Purchased at CostJune $1$ Beginning Inventory$9$ Purchase $1150$ units @ $$10=51,500200$ units @ $$12=$ $$2,40014$ Sale $122$ Purchase $2250$ units @ $$14=$ $$3,50029$ Sale $2$Assume that Bordeaux uses a perpetual inventory system.Required:Calculate the cost of goods sold and the cost of ending inventory using the average cost method. $($Note: Round per$-$unit calculations to $4$ decimal places and al other numbers to the nearest dollar.$)$Cost of goods sold$=6,453$

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Find Cost of ending inventory