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36 value: 3.00 points During 2018, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2018 Date Jan.

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36 value: 3.00 points During 2018, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2018 Date Jan. 1Beginning inventory Sep. 8 Purchase Number of Units 16 16 Unit Cost Total Cost $53 848 Transaction 880 32 $1,728 Calculate ending inventory and cost of goods sold for 2018 assuming the company uses FIFO with a periodic inventory system Ending inventory Cost of goods sold

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