During 2024, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2024: Number of Unit Total Date January 1 Transaction Units Cost Cost September 8 Beginning inventory Purchase 15 $50 $750 10 124 1,240 25 $1,990 Calculate ending inventory and cost of goods sold for 2024 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.) Ending inventory Cost of goods sold