Question: The Teal Mountain Studio Ltd. has provided you with the following information with respect to its piano inventory for the month of August. The company

$The company uses specific identification to determine inventory costs. \begin{tabular}{|c|c|c|c|} \hline Purchases$

The Teal Mountain Studio Ltd. has provided you with the following information with respect to its piano inventory for the month of August. The company uses specific identification to determine inventory costs. \begin{tabular}{|c|c|c|c|} \hline Purchases & Suzuki & SZ6132 & 2,210 \\ \hline & Suzuki & SZ6148 & 1,910 \\ \hline Sales & Suzuki & SZ6132 & 3,480 \\ \hline & Yamaha & YH6318 & 2,990 \\ \hline & Yamaha & YH5632 & 2,92 \\ \hline \end{tabular} Determine the cost of goods sold and ending inventory for the month of August. Cost of goods sold Ending inventory

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