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 75 units @ $12.00 250 units @ $13.00 500 units @ $14.00 825 units 900 3,250 7,000 Cost of goods available for sale $ 11,150 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 700 units were specifically sold as follows: Jan. 10: Mar. 15: 70 units from beginning inventory 3 units from beginning inventory, and 177 units from the March 14 purchase 50 units from the March 14 purchase, and 400 units from the July 30 purchase Oct. 5: Calculate cost of goods sold and the gross profit. Cost of goods sold Gross profit