torting 9101112 13-14.15 Question 4 Sooke Foods reports the following for month ended December 31, 2020: Inventory, November 30, 2020 $235,000 Inventory, December 31, 2020 $375,000 December 2020 - Purchases on credit $565,000 December 2020 - Sales on credits $610,000 . . Required 1. Calculate Cost of Goods Sold 2. Using the template below, prepare journal transactions for a periodic inventory system and a perpetual inventory system. Explanations are not required. Cost of Goods Sold calculation; Journal Entries: DATE ACCOUNT DEBIT CREDIT