Required information [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 March 1 Beginning inventory Units 20 Unit Cost Total Cost $155 $3,100 March 5 Sale ($210 each) 15 March 9 Purchase 10 175 1,750 March 17 Sale ($260 each) 8 March 22 March 27 March 30 Purchase 10 185 1,850 Sale ($285 each) 12 Purchase 9 205 1,845 $8,545 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 beginning inventory and eight bikes from the March 22 purchase. 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at March 31. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold