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During 2021, a company sells 358 units of inventory for $88 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan.

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During 2021, a company sells 358 units of inventory for $88 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 69 168 180 Unit Cost Total Cost $63 $ 4,347 65 10,920 68 12,240 $27,507 417 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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