During 2024, a company sells 290 units of inventory for $93 each. The company has the following inventory purchase transactions for 2024: Number of Unit Date January 1 May 5 Transaction Beginning inventory Units Cost Total Cost 66 $68 $4,488 Purchase 168 69 11,592 November 3 Purchase 182 71 12,922 416 $29,002 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses FIFO. Ending inventory Cost of goods sold