During 2021, a company sells 372 units of inventory for $95 each. The company has the...

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During 2021, a company sells 372 units of inventory for $95 each. The company has the following inventory purchase transactions for 2021 Date Transaction Number of Units Unit Cost Total Cost Jan. 1 Beginning inventory 62 569 $ 4,278 May 5 Purchase 160 71 11,360 Nov. 3 Purchase 187 409 74 13,038 $29.476 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold During 2021, a company sells 372 units of inventory for $95 each. The company has the following inventory purchase transactions for 2021 Date Transaction Number of Units Unit Cost Total Cost Jan. 1 Beginning inventory 62 569 $ 4,278 May 5 Purchase 160 71 11,360 Nov. 3 Purchase 187 409 74 13,038 $29.476 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold