Melanies Purple Dress Business uses the Perpetual Inventory System. Melanies Purple Dress Business purchased and sold the following merchandise in May: May 1 Purchased 100 dresses at $100 each May 2 Sold 50 dresses from the dresses that were purchased on May 1 May 5 Purchased 100 more dresses at $110 each May 20 Sold 100 more dresses from the dresses that were purchased on May 5

11. Calculate the ending inventory for Melanies Purple Dress Business using the Specific Identification Method.