During the year, Wright Company sells 415 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year.

Date	Transaction	Number of Units			Unit Cost			Total Cost
Jan. 1	Beginning inventory		50		$	75		$	3,750
May. 5	Purchase		215			78			16,770
Nov. 3	Purchase		165			83			13,695
			430					$	34,215

Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO.