16. During 2018, a company sells 390 units of inventory for $89 each. The company has the following inventory purchase transactions for 2018 Number of Unit Cost Total Cost $ 4,160 10,890 12,558 Transaction Units Date Jan. 1 May 5 Nov. 3 $ 64 Beginning inventory Purchase Purchase 165 182 412 27,608 Calculate ending inventory and cost of goods sold for 2018 assuming the company uses LIFO with a periodic inventory system Ending inventory Cost of goods sold