Brief Exercise 6-8 Calculate ending inventory and cost of goods sold using specific identification (L03) During 2015, Wright Company sells 535 remote control airplanes for $120 each. The company has the following inventory purchase transactions for 2015. Calculate ending inventory and cost of goods sold for 2015, assuming the company uses specific identification. Actual sales by the company include its entire beginning inventory. 275 units of inventory from the May 5 purchase, and 220 units from the November 3 purchase