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During 2021, a company sells 367 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan.

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During 2021, a company sells 367 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number Unit of Units Cost Total Cost 67 $66 $ 4,422 162 68 11,016 190 71 13,490 419 $28,928 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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