During 2024, a company sells 260 units of inventory for $90 each. The company has the following inventory purchase transactions for 2024: Number of Unit Date January 1 May 5 Transaction Units Cost Total Cost Beginning inventory 60 $67 $4,020 Purchase 162 68 11,016 November 3 Purchase 186 70 13,020 408 $28,056 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses FIFO. Ending inventory Cost of goods sold