During the year, Wright Company sells 330 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Number of Unit Total Date Transaction Units Cost Cost January 1 May 5 November 3 Beginning inventory 60 $73 $4,380 Purchase 205 76 15,580 Purchase 110 375 81 8,910 $28,870 of units unit Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. LIFO Cost of Goods Available for Sale Number Cost per Cost of Goods Sold Cost of Goods Number Available for Sale of units Cost per Cost of Goods unit Sold Number of units Ending Inventory Cost per unit Ending Inventory Beginning Inventory 60 $ 73 $ 4,380 $ 0 Purchases: May 5 205 $ 76 15,580 0 November 3 110 $ 81 8,910 0 Total 375 $ 28,870 0 $ 0 0 $ o