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During 2021 , a company sells 490 units of inventory for $87 each. The company has the following inventory purchase transactions for 2021: Date Transaction

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During 2021 , a company sells 490 units of inventory for $87 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 70 267 181 518 Unit Cost Total Cost $74 $ 5,188 75 20,025 77 13,937 $39,142 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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