2. During 2019, a company sells 200 units of inventory for $85 each. The company has the following inventory purchase transactions for 2019:1 Date Jan. 1 May 5 Aug. 4 Nov. 3 Transaction Beginning inventory Purchase Purchase Sold 200 units @ $85 each Number of Units 60 180 190 Unit Cost $70 72 75 Total Cost $ 4,200 12,960 14,250 430 $31,410 Calculate ending inventory and cost of goods sold for 2019 assuming the company uses LIFO.1