Required Information Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic Inventory system. Transactions Date Units Unit Cost Total Cost March 1 Beginning inventory 20 $170 $3,400 March S March March 17 Sale ($240 each) 15 9 Purchase 10 190 1,900 Sale ($290 each) March 22 March 27 March 30, Purchase 10 200 2,000 Sale ($315 each) Purchase 12 9 220 1,980 $9,280 For the specific identification method, the March 5 sale consists of bikes from beginning Inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginging inventory and eight bikes from the March 22 purchase. Problem 6-2A Part 1 Required: 1. Calculate ending inventory and cost of goods sold at March 31, using the specific identification method. Answer is complete but not entirely correct. Ending Inventory Cost of goods sold 4,910 6,640 K