During 2021, a company sells 375 units of inventory for $87 each. The company has the following inventory purchase transactions for 2021. Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO.

2 During 2021, a company sells 375 units of inventory for $87 each. The company has the following inventory purchase transactions for 2021: Number of Units Unit Cost $63 65 Date Transaction Jan.1 Beginning inventory May 5 Purchase Nov.3 Purchase 66 8 162 183 Total Cost $ 4,158 10,530 12,444 $27,132 01:19:57 68 411 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold