Required information [The following information applies to the questions displayed below.] 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 October 1 Transactions Units Beginning inventory 6 Unit Cost $730 Total Cost $ 4,380 October 4 Sale 4 October 10 October 13 October 20 Purchase 5 740 3,700 Sale 3 Purchase 4 750 3,000 October 28 October 30 Sale 7 Purchase 8 760 6,080 $17,160 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Answer is complete but not entirely correct. Ending inventory $ 6,810 Cost of goods $ 10,350 sold