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During 2021, a company sells 375 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 375 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 69 167 183 419 Unit Cost Total Cont $68 $4,692 70 11,690 73 13,359 $29,741 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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