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 Cost of goods available for sale 103 units 514.00 - $ 1,442 390 units @ $15.00 - 5,850 640 units $16.80 - 10,240 1,133 units 517,532 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 994 units were specifically sold as follows: Jan. 10: 84 units from beginning inventory Mar. 15: 17 units from beginning inventory, and 303 units from the March 14 purchase Oct. 5: 64 units from the March 14 purchase, and 526 units from the July 30 purchase Calculate cost of goods sold and the gross profit. Cost of goods sold Gross profit