Required information [The following information applies to the questions displayed beiow] 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. 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. Using weighted-average cost calculate ending inventory and cost of goods sold at March 31. (Round your intermediate and fine iswers to 2 decimal places.)