[The following information applies to the questions displayed below.]

Alexandra's Boutique has the following transactions related to its top-selling Gucci purse for the month of October.

Date	Transactions	Units	Unit Cost	Total Cost
October 1	Beginning inventory	6	$ 850	$ 5,100
October 4	Sale	4
October 10	Purchase	5	860	4,300
October 13	Sale	3
October 20	Purchase	4	870	3,480
October 28	Sale	7
October 30	Purchase	8	880	7,040
				$ 19,920

2. Using FIFO, calculate ending inventory and cost of goods sold at October 31.

Ending Inventory
cost of Goods sold