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During 2021, a company sells 470 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021: Number Unit Date

During 2021, a company sells 470 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021: Number Unit Date Transaction of Units Cost Total Cost Jan. 1 Beginning inventory May 5 Purchase 75 $79 $ 5,925 263 80 21,040 Nov. 3 Purchase 185 82 15,170 523 $42,135 Calculate cost of goods sold and ending inventory for 2021 assuming the company uses the weighted-average cost method. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.) Cost of goods sold Ending inventory

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