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During 2021, a company sells 357 units of inventory for $91 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan.

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During 2021, a company sells 357 units of inventory for $91 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 66 164 183 413 Unit Cost Total Cost $63 $ 4,158 65 10,660 68 12,444 $27,262 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold

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