X Company uses the perpetual inventory system. The company has made the following purchases and sales transactions on account during June. Price/Cost Date 1 Quantity 2,300 10 3 500 12 11 Transaction Beginning Inventory Purchase Purchase Sale Sale Purchase 700 17 20 30 25 1,500 1,000 200 35 30 15 Compute the below using the Average Cost method at the end of the month Total Sales $32,500 $55,500 $80,000 None of the options Ending Inventory Balance $15,600 $16,000 $17,500 None of the options Cost of Goods Sold $32,500 $55,500 $80,000 None of the options The entry of June 20 will include Inventory of $80,000 None of the options The entry of June 20 will include Inventory of $15,000 $21,500 $29,250 None of the options The entry of June 25 will include COGS of $10,000 $13,000 $15,500 None of the options