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Required information Problem 6-1A Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3) [The following information applies to the questions displayed below.] Sandra's Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October Sandra's Purse Boutique uses a periodic inventory system. Total Cost Transactions Units Unit Cost Date October 1 Beginning inventory 6 $700 $4,200 October 4 Sale 4 October 10 Purchase 5 710 3,550 October 13 Sale 3 2,880 October 20 Purchase 720 4 Sale October 28 7 October 30 Purchase 8 730 5,840 $16,470 Problem 6-1A Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Answer is complete but not entirely correct. Ending inventory Cost of goods sold S 9,910 6,560X S ww w