Urban Glam Cosmetics made purchases of lipstick in the current year as follows: Jan. 1 Beginning inventory Mar. 14 Purchased 99 units 370 units @ $12.00 = $ 1,188 July 30 Purchased 620 units @ $13.00 @$14.00 = === 4,810 8,680 Units available for sale 1,089 units Cost of goods available for sale $14,678 ok nt ences Urban Glam Cosmetics made sales on the following dates at a selling price of $35 per unit: Assume that Urban Glam Cosmetics uses the specific identification method to cost inventory. The 952 sold as follows: Jan. 10: 82 units from beginning inventory Mar. 15: Oct. 5: 15 units from beginning inventory, and 285 units from the March 14 purchase 62 units from the March 14 purchase, and 508 units from the July 30 purchase Calculate cost of goods sold and the gross profit. D