The following information applies to the questions displayed below Greg's Bicycie Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Cost per Units Unit Total Cost Date March 1 Beginning inventory March 5 Sale ($210 each) March 9 Purchase March 17 Sale ($260 each) March 22 Purchase March 27 Sale ($285 each) March 30 Purchase 20 $155 3,100 15 10 175 1,750 185 10 12 1,850 8,545 Required information 10.00 points Required 1. Calculate ending inventory and cost of goods sold at March 31, using 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 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Ending inventory Cost of goods sold