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Sandra$$s Purse Boutique has the following transactions related to its top$-$selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.

Date: Transactions Units Unit Cost Total Cost

October $1$ Beginning inventory $6$ $$900$ $$5,400$

October $4$ Sale $4$

October $10$ Purchase $59104,550$

October $13$ Sale $3$

October $20$ Purchase $49203,680$

October $28$ Sale $7$

October $30$ Purchase $79306,510$

Total cost: $$20,140$

Using FIFO, calculate ending inventory and cost of goods sold at October $31.$

Ending Inventory:

Cost of goods Sold: