Thatisit Inc. Accounting records were as follows:

Thatisit Inc. Accounting records were as follows: Ending Inventory at August 31, 2021 was $300,000 A. Purchases made during the month of September amounted to $650,000 B. The company Sales reported for September was $ 950,000 C. The company gross profit margin for the month of September was 45% Requirement: Compute the Cost of Goods Sold and the Ending Inventory for the month of September 2020