During the year, Wright Company sells 400 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units 60 205 Unit Cost $ 73 76 81 Total Cost $ 4,380 15,580 12,555 $32,515 155 420 Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO. FIFO Cost of Goods Available for Sale Cost of Goods Sold # of units Coster unit Cost of Goods Cost of Goods Available for sale of units Cost per unit Sold Ending Inventory Ending Cost per unit Inventory of units Beginning Inventory Purchases: May 5 Nov 3 Total