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During 2021, a company sells 390 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 390 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.) Purchase Number of Unita 62 162 188 412 Unit Cost Total cost $67 54,154 69 11,178 72 13,536 $28,868 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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