Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 56 106 80 Unit Cost $41 40 39 Total Cost $2,296 4,240 3,120 $9,656 242 Actual sales by the company include its entire beginning inventory, 86 units of inventory from the May 5 purchase, and 8 units from the November 3 purchase. Calculate cost of goods sold and ending inventory for 2021 assuming the company uses specific identification. Cost of goods sold Ending inventory