Suppose Holt Rentrew, the speciaty retalier, had these tecords for lades' evening gowns during 2020 . [EH (Click icon to view records.) Assume sole of evening gowns totalled 126 units during 2020 and that Hol uses the weight-1kerage-cost method under the periodic inventory systom to account for inverifory. The income tax rate is 30% Requirements 1. Computh Holes cost of goods sold for evering gownt in 2020 , 2. Compute what cost of goods sold would have been if Holt had purchased enough inventory in December-at $1,150 per evening gown-to keep year-end inventory at the same level it was at the begining of the year, 34 units. Requirement 1. Compute Horts cost of goods sold for evening gowns in 2020 . (Round all interim calculations to the nearest whole dollar, Round your answar to the nearest whole doltar) The cos of poods sold is 5 Requirement 2. Compute what cost of goods soid would have been it Holt had purchased enough inventory in December-at \$1,150 per evening gown-to keep year-end inventicy at ehe same level is was at the beginning of the year, 34 units