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During 2021, Maple Leaf, Inc. sells 350 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021: Number of

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During 2021, Maple Leaf, Inc. sells 350 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021: Number of Units 68 Date Transaction Jan. 1 Beginning Inventory May 5 Purchase Nov. 3 Purchase 160 183 411 Unit Cost Total Cost $62 $4216 63 10,080 65 11.895 $26.191 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Ending inventory Cost of goods sold

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