Required information [The following information applies to the questions displayed below.] Auto Dealers Incorporated sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2024, Auto Dealers had three cars in inventory, as follows: During 2024, each of the three autos sold for $114,000. Additional purchases (listed in chronological order) and sales for the year were as follows: equired: Calculate 2024 ending inventory and cost of goods sold assuming the company uses the specific identification inventory method. Required: 1. Calculate 2024 ending inventory and cost of goods sold assuming the company uses the specific identification inventory method