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Required information [ The following information applies to the questions displayed below. ] Eddy's Fishing Hole has the following transactions related to its top -

Required information
[The following information applies to the questions displayed below.]
Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June.
Eddy's Fishing Hole uses a periodic inventory system.
Using FIFO, calculate ending inventory and cost of goods sold at June 30.
Ending inventory
Cost of goods sold
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