During 2015, a company sells 320 units of inventory for $92 each. The company has the following inventory purchase transactions for 2015:

Ending Inventory=

Costs of goods sold=

Calculate ending inventory and cost of goods sold for 2015 assuming the company uses FIFO with a periodic inventory system

Date	Transaction	Number of Units			Unit Cost			Total Cost
Jan. 1	Beginning inventory		65		$	69		$	4,485
May 5	Purchase		160			70			11,200
Nov. 3	Purchase		184			72			13,248
			409					$	28,933