During the year, Wright Company sells 320 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. Number of Unit Total Date Transaction Units Cost Cost Jan. 1 Beginning inventory $ 72 50 $3,600 May. 5 Nov. 3 Purchase 200 75 15,000 8,000 Purchase 100 80 350 $26,600 Calculate ending inventory and cost of goods sold for the year, assuming the company uses specific identification. Actual sales by the company include its entire beginning inventory, 180 units of inventory from the May 5 purchase, and 90 units from the November 3 purchase. Answer is not complete. Units Unit Cost of Goods Sold Ending Inventory Units Date Activity Ending Inventory Cost Sold Cost Unit Cost Beginning Inventory Jan. 1 50 S 72 $ 75 3,600 72 $ May 5 Purchase 180 13,500 75 0 Nov. 3 Purchase 90 80 7,200 80 0 Total 320 24,300 0