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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: Date Transaction Jan.

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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: Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3. Purchase Number of Units 74 265 187 526 Unit Cost $73 74 76 Total Cost $ 5,402 19,610 14,212 $39.224 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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