During the year. Wright Company sells 320 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year Date Transaction Beginning Jan. 1 inventory Number of Unit Units Cost 50 $72 200 75 180 80 350 Total Cost $ 3,600 15,000 8,000 $26,600 May. 5 Purchase Nov. 3 Purchase Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. UFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of Goods # of units Cost per unit Available for sale 50 $ 72 $ 3.600 of units s Ending of units Cost per unite d Cost per unit ost $ 72 % Purchases May 5 Nov. 3 $ 15.000 S 200 100 75 80 200 100 75 80 8.000 15.000 8.000 22.000 350 0 25,600 300