During 2022, a company sells 340 units of inventory for $94 each. The company has the following inventory purchase transactions for 2022: Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 67 165 187 Unit Cost $63 64 66 Total Cost $ 4,221 10,560 12,342 $27,123 419 Calculate ending inventory and cost of goods sold for 2022 assuming the company uses FIFO. Ending inventory Cost of goods sold