please provide full step by step answers with clear explanation and highlights and bold the answer

Car Armour sells car wash cleaners. Car Armour uses a perpetual inventory system and made purchases and sales of a particular product in 2020 as follows: Jan. 1 Beginning inventory Jan. 10 Sold Mar. 7 Purchased Mar. 15 Sold July 28 Purchased Oct. 3 Purchased Oct. 5 Sold 120 units @ $ 6.20 70 units @ $14.70 220 units @ $ 5.50 125 units @ $14.70 470 units @ $ 5.30 400 units @ $ 5.20 510 units @ $14.70 744.00 1,029.00 1,210.00 1,837.50 2,491.00 2,236.00 7,497.00 Assume that Car Armour specifically sold the following units: Jan. Mar. 10: 15: 70 units from beginning inventory 25 units from beginning inventory, and 100 units from the March 7 purchase 80 units from the July 28 purchase, and 430 units from the October 3 purchase Oct. 5: Calculate cost to be assigned to ending inventory and cost of goods sold. (Round your final answers to 2 decimal places.) Ending inventory Cost of goods sold