During 2021, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2021:

During 2021, a company sells 25 units of inventory. The company has the following inventory purchase transactions for 2021: Number Unit Total Date Transaction of Units Cost Cost Jan. 1 Beginning inventory 20 $55 $1,100 Sep. 8 Purchase E 36 360 30 $1,460 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 nal answers to the nearest dollar amount.) Ending inventory - Cost of goods sold