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During 2021, a company sells 480 units of inventory for $93 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan.

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During 2021, a company sells 480 units of inventory for $93 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 71 266 186 523 Unit Cost $76 77 Total cost $ 5,396 20,482 14,694 $40,572 79 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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