Required information TThe following information applies to the questions dispiayed below.] Sandra's Purse Boutique has the following transactions related to its top-5elling Guccipurse for the month of Detober. Sartdra's Purse Boutique uses a periodie inventory system. Required: 1. Calculate ending inventory and cost of goods sold at October 31, using the speciffc identification method. The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase