During 2021, a company sells 300 units of inventory for $94 each. The company has the following inventory purchase transactions to 2021 Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 59 165 184 418 Unit Cost $63 64 66 Total Cost $ 4,347 18,560 12,144 $27,851 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold