14. During 2018, a company sells 160 units of inventory for $53 each. The company has the following inventory purchase transactions for 2018 Number of Date Transaction Units Unit Cost Total Cost Jan. 1 Beginning inventory 58 109 May 5 Purchase Nov. 3 Purchase $39 38 37 $ 2,262 4,142 2,849 244 $9,253 Actual sales by the company include its entire beginning inventory, 89 units of inventory from the May 5 purchase, and 13 units from the November 3 purchase Calculate cost of goods sold and ending inventory for 2018 assuming the company uses specific identification Cost of goods sold Ending inventory