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. Date Transactions Units Unit Cost 1 March Total Cost Beginning inventory 20 $225 March $ 4,500 5 Sale ($350 each) 15 March 9 Purchase 10 245 2.450 March 17 Sale ($400 each) 8 March 22 Purchase 10 255 2,550 March 27 Sale ($425 each) 12 March 30 Purchase 7 275 1,925 $11, 425 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