Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Jan. 1 Beginning inventory Mar. 14 Purchased July 30 Purchased Units available for sale 109 units 420 units 670 units 1,199 units @ $14.00 @ $15.00 @ $16.00 $ 1,526 6,300 10,720 Cost of goods available for sale $18,546 Urban Glam Cosmetics made sales on the following dates at a selling price of $34 per unit Assume that Urban Glam Cosmetics uses the specific identification method to cost inventory. The 1,057 units were specifically sold as follows: Jan. 10: Mar. 15: 87 units from beginning inventory 20 units from beginning inventory, and 330 units from the March 14 purchase 67 units from the March 14 purchase, and 553 units from the July 30 purchase Oct. 5: Calculate cost of goods sold and the gross profit. Cost of goods sold Gross profit