The following information applies to the questions displayed below.j Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a perlodic inventory system. Cost per Transactions Units Unit Total Cost June 1 June 7 June 12 June 15 June 24 June 27 June 29 $340 $5,440 3,300 3,200 3.100 $15,040 Beginning inventory Sale 16 10 12 10 330 320 310 Sale 10 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30. Ending inventory Cost of goods sold 1. Calculate ending inventory and cost of goods sold at June 30, using the specific identification method. The June 7 sale consists of fishing reels from beginning inventory, the June 15 sale consists of three fishing reels from beginning inventory and nine fishing reels from the June 12 purchase, and the June 27 sale consists of one fishing reel from beginning inventory and seven fishing reels from the June 24 purchase. reols from the une 15 sale June 24 Ending inventory Cost of goods sold