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