Carlson Auto Dealers Inc. sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2021, Carlson had three cars in inventory, as follows: Car ID Cost 203 $ 60,000 207 60,000 210 63,000 During 2021, each of the three autos sold for $90,000. Additional purchases (listed in chronological order) and sales for the year were as follows: Car ID Cost Selling Price 211 $ 63,000 $ 90,000 212 63,000 93,000 213 64,500 not sold 214 66,000 96,000 215 69,000 100,500 216 70,500 not sold 217 72,000 105,000 218 72,300 106,500 219 75,000 not sold Required: 1. Calculate 2021 ending inventory and cost of goods sold assuming the company uses the specific identification inventory method.