Lai's Sales Ltd., a small Ford dealership, has provided you with the following information with respect to its vehicle inventory for the month of June. The company uses the specific identification cost formula. Date June Explanation Beginning inventory 1 00 Sales Model Fiesta F-150 F-150 Mustang Flex Fiesta Mustang Mustang Flex Escape Mustang Flex Serial # C81362 F1883 F1921 G62313 X3892 C81362 G62313 G71811 X4214 E21202 G71891 X4212 Unit Cost/Price $24,000 25,500 28,300 29,100 30,600 26,000 32,900 30,600 32,000 29,200 27,800 29,900 14 Purchases 20 Sales Mustang F-150 Flex Escape Fiesta Escape G71891 F1921 X3892 E21202 C81528 E28268 32,100 32,000 33,000 32,300 27,600 30,600 23 Purchases (a) Determine the cost of goods sold and ending inventory for the month of June. Cost of Goods Sold $ Ending Inventory $