During the year, Wright Company sells 440 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Number of Unit Total Date Jan. 1 May. 5 Nov. 3 Transaction Units Cost Cost Beginning inventory 60 $76 $ 4,560 Purchase 220 79 17,380 Purchase 170 84 450 14,280 $36,220 Calculate ending inventory and cost of goods sold for the year, assuming the compan ises FIFO. FIFO Beginning Inventory Purchases: May 5 Cost of Goods Available for Sale Cost of Good # of units Cost per unit Cost of Goods Available for Sale # of units Cost per uni 60 $ 76 $ 4,560 S 220 fA $ 79 17,380 $ Nov. 3 170 $ 84 14,280 S Total 450 $ 36,220 0