During the year, Wright Company sells 425 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 60 235 170 465 Unit Cost $ 79 82 87 Total Cost $ 4,740 19,270 14,790 $38,800 Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. LIFO Cost of Goods Available for Sale #of units Cost per unit Cost of Goods Available for Sale S 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 Beginning Inventory Purchases: May 5 Nov. 3 Total 0 0 0 $ $ 0 0 0 0 0 $ 0 $ 0 0 $