Required information [The following information applies to the questions displayed below.] Hemming Company reported the following current-year purchases and sales for its only product. Date January 1 January 10 March 14 March 15 July 30 October 5 October 26 Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Totals Units Acquired at Cost Units Sold at Retail 275 units $13.00- $ 3,575 230 units $43.00 450 units $18.00- 8,100 400 units $43.00 475 units @ $23.00 - 10,925 455 units $43.00 175 units 1,375 units $28.00- 4,900 $ 27,500 1,085 units Ending inventory consists of 45 units from the March 14 purchase, 70 units from the July 30 purchase, and all 175 units from the October 26 purchase. Using the specific identification method, calculate the following. a) Cost of Goods Sold using Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Date Activity # of units Cost Per Unit # of units Cost Per cas sold Unit Ending Inventory Units Cost Per Unit Ending Inventory Cost January 11 Beginning Inventory 275 $ 0.00 $ $ 0.00 $ 0