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 Transactions Units Unit Cost October 1 Beginning inventory 6 $760 Total Cost $ 4,560 October 4 Sale 4 October 10 Purchase 5 770 3,850 October 13. Sale 3 October 201 Purchase 4 780 3,120 October 28 October 30 Sale 7 Purchase 8 790 6,320 $17,850 3. Using LIFO, calculate ending inventory and cost of goods sold at October 31. Ending inventory Cost of goods sold Prev 1 of 3 Next >