The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2017. Beginning 626 units a $77/unit Feb. 10 340 units $74/unit Aug. 21 220 units @ $87/unit M Sulton Company has two credit sales during the period. The units have a selling price of $137 per unit. Sales Mar. 15 420 units Sept. 10 325 units Stilton Company uses a perpetual inventory system 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: Mar. 15. 224 units from beginning inventory, and 196 units from the February 10 purchase Sept. 10: 219 units from beginning inventory, and 38 units from the February 10 purchase, and 68 units from the August 21 purchase Ending Inventory Cost of Goods Sold Specific Identification