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 Transaction Units Unit Cost Total Cost $76 4,568 79 Jan Beginning inventory May. 5 Purchase Nov. 3 Purchase 68 17,380 84 228 178 458 $36, 228 Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Cost of #of Cost per Cost per #of Cost per #of Available for Sale Goods Sold Beginning 80 80 4,560 4,560 78 76 Purchases May 5 220 170 220 79 17,380 79 17,380 14,280 14,280 Nov 3 84 84 450 450 Total 36,220 36,220 text indicates no