During 2021, a company sells 300 units of Inventory for $85 each. The company has the following inventory purchase transactions for 2021 Date Jan. 1 May 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Unit Units Cost 60 $71 170 72 180 74 410 Total Cost $ 4,260 12, 240 13,320 $29,820 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold $ 8,140 21680