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During 2021, a company sells 330 units of inventory for $92 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan.

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During 2021, a company sells 330 units of inventory for $92 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 60 161 184 405 Unit Cost $62 63 65 Total Cost $ 3,720 10,143 11,960 525,823 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending Inventory Cost of goods sold

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