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Required information [The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Units 20 Unit Cost $ 250 Total Cost $ 5,000 Transactions Beginning inventory Sale $400 each) Purchase Sale $450 each) Purchase Sale ($475 each) Purchase Date March 1 March 5 March 9 March 17 March 22 March 27 March 30 270 2,700 9800 280 2,800 300 2,700 $13,200 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31. Answer is complete but not entirely correct. $ Ending inventory Cost of goods sold S 3,950 ,250 9 Required information [The following information applies to the questions displayed below.) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Units 20 Unit Cost $ 250 Total Cost $ 5,000 270 2,700 Date March 1 March 5 March 9 March 17 March 22 March 27 March 30 Transactions Beginning inventory Sale ($400 each) Purchase Sale ($450 each) Purchase Sale $475 each) Purchase 2,800 2,700 $13,200 4. Using weighted average cost, calculate ending inventory and cost of goods sold at March 31. (Round your intermediate and final answers to 2 decimal places.) * Answer is complete but not entirely correct. Ending inventory Cost of goods $ 3,950.00 $ 9,250.00 sold