During 2021, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2021: 7:59 Date Transaction Jan. 1 Beginning inventory Sep. 8 Purchase Number Unit Total of Units Cost 20 $50 10 58 Cost $1,000 580 30 $1,580 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses the weighted-average cost method. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.) Ending inventory Cost of goods sold