Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system. Date October October Transactions Units Unit Cost Total Cost 1 Beginning inventory 6 $710 $ 4,260 4 Sale 4 October 10 Purchase 5 720 3,600 October 13 Sale 3 October 20 Purchase 4 730 2,920 October 28 October 30 Sale 7 Purchase 7 740 5,180 $15,960 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Answer is complete but not entirely correct. Ending inventory $ 5,320 Cost of goods $ 10,050 sold