Using the specific identification method:

a. Calculate the ending inventory.

b. Calculate the cost of goods sold.

Date	Units purchased	Cost per unit			Ending inventory
June 1	14 Echo Show’s 360	$	284		4 Echo Show’s from June
July 1	50 Echo Show’s 360		259		10 Echo Show’s from July
August 1	68 Echo Show’s 360		249		7 Echo Show’s from August