Required information Use the following information for the Quick Study below. (Algo) (15-18) (The following information applies to the questions displayed below.) Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases. Monson uses a periodic inventory system. Also, on December 15, Monson sells 30 units for $50 each. Purchases on December 7 Purchases on December 14 Purchases on December 21 20 units @ $20.00 cost 34 units @ $30.00 cost 30 units @ $36.00 cost QS 5-18A (Algo) Periodic: Inventory costing with specific identification LO P3 Of the units sold, 16 are from the December 7 purchase and 14 are from the December 14 purchase. Determine the costs assigned to ending inventory when costs are assigned based on specific identification. Specific Identification Goods Available for Sale Cost of Goods Sold Ending Inventory Cost per # of units Cost of Goods Available for Sale unit # of units sold Cost Cost of per unit Goods Sold # of units in ending inventory Cost per Ending unit Inventory Purchases: December 7 $ 0 $ 0.00 $ 0 0 $ 0.00 $ 0.00 December 14 0 0.00 0 0 0.00 0 December 21 Total 0 $ 0 0 $ 0 0 $ 0