Required information [The following information applies to the questions displayed below.) Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost June 1 Beginning inventory 16 $230 $3,680 June 7 Sale 11 June 12 Purchase 10 220 2,200 June 15 Sale June 24 Purchase 10 210 2,100 June 27 Sale June 29 Purchase 10 200 2,000 $9,980 12 8 3. Using LIFO, calculate ending Inventory and cost of goods sold at June 30. Ending inventory Cost of goods sold