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During 2015, a company sells 490 units of inventory for $89 each. The company has the following inventory purchase transactions for 2015: Date Transaction Number

During 2015, a company sells 490 units of inventory for $89 each. The company has the following inventory purchase transactions for 2015:

Date Transaction Number of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 79 $ 70 $ 5,530
May 5 Purchase 266 71 18,886
Nov. 3 Purchase 186 73 13,578
531 $ 37,994

Calculate cost of goods sold and ending inventory for 2015 assuming the company uses weighted-average cost with a periodic inventory system. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount. Omit the "$" sign in your response.)

Cost of goods sold $
Ending inventory $

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