P6.2A (LO 2) AP EastPoint Toyota, a small dealership, has provided you with the following information with respect to its vehicle inventory for the month of November. The company uses the specific identifi- cation method. Model Unit Selling Price Date Nov. 1 Explanation Inventory Unit Cost $15,000 20,000 26,000 27,000 22,000 25,000 8 Sales $22,000 28,000 Serial # C63825 C81362 G62313 X3892 F1883 F1921 C81362 G62313 G71811 G71891 X4212 X4214 G71891 X3892 F1921 F2182 G72166 12 Corolla Corolla Camry Venza Tundra Tundra Corolla Camry Camry Camry Venza Venza Camry Venza Tundra Tundra Camry Purchases 27,000 25,000 28,000 31,000 18 Sales 27.000 31,000 29,000 23 Purchases 23,000 30,000 Instructions Determine the cost of goods sold and the ending inventory for the month of November. Taking It Further Should EastPoint Toyota use the specific identification cost determination method o one of the cost formulas? Explain. Question 2. (10 marks) The following data have been gathered for Rocky Candi Corporation for the month ended September 30, 2019. . The bank statement has a balance of $8,936. The September 30, 2019, book balance was $3,200. There was an EFT deposit of $1,800 on the bank statement for the monthly rent from a tenant. The bookkeeper had erroneously recorded a $50 cheque as $500. The cheque was to settle an account payable. . The bank statement revealed $50 in service charges. Cheques #322 and #330 for $260 and $285 were not returned with the bank statement. A deposit made on September 29, 2019, for $1,250 did not appear on the bank statement A deposit of $500 made on September 10 was erroneously credited to Rocky Candi's account by the bank for $5,000. A bank debit memo indicated an NSF cheque for $259