Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a perpetual inventory system. Also, on December 15, Monson sells 15 units for $40 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units @ $26.00 cost 20 units @ $32.00 cost 15 units @ $34.00 cost Of the units sold, 30 are from the December 7 purchase and 15 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. Purchases: December 7 December 14 December 21 Total Specific Identification # of units unit Goods Available for Sale Cost of Goods Cost per Available for Cost of Goods Sold Ending Inventory Sale # of units sold # of units Cost Cost of per unit Goods Sold Cost per Ending in ending unit Inventory inventory