3. During the year. Wright Company sells 470 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date Transaction Number of Units Unit Cost Total Cost $82 $4,920 85 21.250 901 18.000 $44,170 60 250 200 10 Jan.I Beginning inventory May5 Purchase ov.3 Purchase Calculate cost of goods sold and ending inventory for the year, assuming the company uses specific identification. Actual sales by the company include its entire heginning inventory, 230 units of inventory from the May 5 purchase, and 180 units IV. from the November 3 purchase