Unit cost $ 220 Total Cost $ 4,488 240 Date March March March March March March March Transactions Beginning inventory Sale (340 each) Purchase Sale (5390 each) Purchase Sale ($415 each) Purchase 1 5 9 17 22 27 30 Units 20 15 10 B 10 12 9 2,400 750 2,500 270 2,430 $11,730 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the Match 22 purchase. Required: 1. Calculate ending Inventory and cost of goods sold at March 31, using the specific identification method. Ending inventory Cost of goods sold 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31, Ending inventory Cost of goods sold 3. Using LIFO, calculate ending inventory and cost of goods sold at March 31, Ending inventory Cost of goods sold