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During 2021, a company sells 22 units of inventory. The company has the following inventory purchase transactions for 2021: Date Transaction Number of Units Unit

During 2021, a company sells 22 units of inventory. The company has the following inventory purchase transactions for 2021: Date Transaction Number of Units Unit Total Cost Jan. 1 Beginning inventory 20 $60 Sep. 8 Purchase 30 281 10 62 Cost $1,200 620 $1,820 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold

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