During 2021, a company sells 150 units of inventory for $50 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 56 101 78 Unit Cost Total Cost $45 $ 2,520 44 4,444 43 3,354 $10,318 235 Actual sales by the company include its entire beginning inventory, 81 units of inventory from the May 5 purchase, and 13 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