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 Transaction Beginning inventory Purchase Purchase Number of Units 60 170 180 410 Unit Cost $71 72 74 Total Cost $ 4,260 12,240 13,320 $29,820 Nov. 3 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold