During 2021, a company sells 280 units of inventory for $85 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 67 164 181 412 Unit Cost $67 68 70 Total Cost $ 4,489 11,152 12,620 $28,311 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO, Ending inventory Cost of goods sold