During 2018, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2018: Number of Units Date Transaction Cost Total Jan. 1 Beginning inventory20 501,000 700 Sep. 8 Purchase 30 $ 1,700 Calculate ending inventory and cost of goods sold for 2018 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.) Ending inventory Cost of goods sold