[The following information apples to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Blcycle Shop uses a periodic Inventory system. Date Transactions Units Unit Cost March 1 Beginning inventory Total Cost 20 $185 March 5 Bale ($270 each) $ 3,700 15 Maren 9 Purchase 10 205 2,050 March 17 Sale ($320 each) 8 March 22 Purchase 10 215 March 27 Bale ($345 each 2,150 12 March 30 purchase 9 235 2,115 $10,015 For the specific Identification method, the March 5 sale consists of bikes from beginning Inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sole consists of four bikes from beginning inventory and eight bikes from the March 22 purchase Problem 6-2A Part 1 Required: 1. Calculate ending Inventory and cost of goods sold at March 31, using the specific identification method Ending Inventory Cost of goods sold