! Required information [The following information applies to the questions displayed below) Pete's Tennis Shop has the following transactions related to its top-selling Wilson tennis racket for the month of August. Pete's Tennis Shop uses a periodic inventory system, Date Units Total Cost Unit Cost $149 3 1,192 Transactions Beginning Inventory sal ( 7 ) ) Purchase Sale (5105 each) Purchase Sale (5195 each) Purchase 5 30 139 August 4 Autut 11 August 19 Aunust 20 Aust 26 Aawit 20 1,390 129 1,290 10 11 10 9.00 For the specific Identification method, the August 4 sale consists of rackets from beginning inventory the August 13 sale consists of rockets from the August at purchase, and the August 26 sale consists of one racket from beginning inventory and 10 rockets from the August 20 purchase 3. Using Focolate ending inventory and cost of goods sold at August 31 I CIC) ICHI JHOP uses a pervive Date Units Total Cost Unit Cost $149 8 $ 1,192 Transactions Beginning inventory Sale $170 each) Purchase Sale ($185 each) Purchase Sale ($195 each) Purchase 139 August 1 August 4 August 11 August 13 August 20 August 26 August 29 1,350 5 10 8 10 11 10 129 1, 2be 119 1,15e $ 5,062 For the specific identification method, the August 4 sale consists of rackets from beginning inventory, the August 13 sale consists of rackets from the August 11 purchase, and the August 26 sale consists of one racket from beginning inventory and 10 rackets from the August 20 purchase. es 3. Using LIFO, calculate ending Inventory and cost of goods sold at August 31. Ending inventory Cost of goods sold