During the year, Wright Company sells 420 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year Date Jan. 1 May 5 Nov. 3 Number of Units 40 225 175 Unit Cost Total Cost Transaction Beginning inventory Purchase Purchasee $77$ 3,080 18,000 14,875 80 85 440 $ 35,955 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 Ending Inventory Cost of Available for Sale Average Goods Average Ending Average Cost of Goods Sold # of units Cost per # of units Cost per | # of units Cost per unit nventory unit unit Beginning Inventory Purchases May 5 Nov. 3 Total