$\backslash$table$[[$Transactions$,$Unit,$],[$Beginning inventory, January $1,1,700,$Cost$],[$Transactions during the year:,$2,750,76],[$a$.$ Purchase, January $30,(1,350),],[$b$.$ Sale, March each$),1,450,95],[$c$.$ Purchase, May $1$ d$.$ Sale, August each$),(1,800),],[$d$.,,]]$

Assuming that for Specific identification method $($item $1$d$)$ the March $14$ sale was selected two$-$fifths from the beginning inventory and three$-$fifths from the purchase of January $30.$

Required:

Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December $31$ using the specific identification method, assuming that the March $14$ sale was selected two$-$fifths from the beginning inventory and three$-$fifths from the purchase of January $30.$ Assume that the sale of August $31$ was selected from the remainder of the beginning inventory, with the balance from the purchase of May $1.$

Complete this question by entering your answers in the tabs below.

Compute the amount of goods available for sale, ending inventory, and cost of goods sold at December $31$ under each of the inventory costing methods. $($Round intermediate calculations to $2$ decimal places and final answers to the nearest whole dollar amount.$)$

$\backslash$table$[[,\backslash$table$[[$Amount of Goods$],[$Available for Sale$]],$Ending Inventory,$\backslash$table$[[$Cost of Goods$],[$Sold$]]],[$Specific identification,,,$]]$