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During 2021, Sabre Company sells 350 units of inventory for $90 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan.

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During 2021, Sabre Company sells 350 units of inventory for $90 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 69 164 184 417 Unit Cost Total Cost $61 $4209 63 10,332 66 12.144 $26.685 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold

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