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During 2 0 2 4 , a company sells 2 5 units of inventory. The company has the following inventory purchase transactions for 2 0

During 2024, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2024:
Date Transaction Number of Units Unit Cost Total Cost
January 1 Beginning inventory 20 $50 $1,000
September 8 Purchase 1066660
30 $1,660
Calculate ending inventory and cost of goods sold for 2024 assuming the company uses the weighted-average cost method. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.)

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