Section II$,$ Value $60\%$ in totalCAUTION:PLEASE BE CAREFUL TO USE THE CORRECTLY HEADED ANSWER SHEET. ANSWERS WILL BE MARKED BASED ON THE ANSWERSpecific Product IdentificationSpecific Sales & Cost LevelPurchasesBeginning InventoryJanuary $30$February $15$February $30$August $15$October $30$December $151,350$ units.$$10$ purchase price @$1,000$ units.$$11$ purchase price @$100$ @Cost $10$; $150$ @Cost $11500$ units $$17$ purchase price $1,000$ @Cost $10$; $600$ @Cost $11$; $400$ @Cost $171,500$ units$$13$ purchase price @$150$ @Cost $11$; $650$ @Cost $13$Instructions:This company uses a perpetual inventory system.Required:Using the above information, calculate the Ending Inventory Levels $($Units sold, Cost of Goods Sold, Units Remaining & Dollar Value$)$ using the following method:Specific Product Identification