During 2021, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2021: Date Jan. 1 Sep. 8 Transaction Beginning inventory Purchase Number of Total Units Unit Cost Cost 15 $ 60 $ 900 10 62 620 25 $1,520 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold During 2021, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2021: Date Jan. 1 Sep. 8 Transaction Beginning inventory Purchase Number of Total Units Unit Cost Cost 15 $ 60 $ 900 10 62 620 25 $1,520 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold