A beginning inventory and purchases of desks follow: 
The company sold 11 units from beginning inventory, 16 units from the first purchase, and 21 units from the second purchase.
Required: Determine the (a) cost of an ending inventory and (b) Cost of Goods Sold under the specific invoice method. Round to two decimal places if required.
Definitions:
Coupons
Documents that entitle the customers who carry them to a discount on a product.
Outdoor Advertising
Marketing and promotional activities that use outdoor spaces, such as billboards, transit ads, and digital displays, to convey messages to the public.
Short Exposure
A brief period of time during which consumers are exposed to a message, advertisement, or product.
Advertising
The act of promoting products, services, or brands through various forms of media in order to attract public attention or interest.
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