During the year, Wright Company sells 455 remote control alrplanes 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 60 235 185 480 Unit Cost $ 79 82 87 Total cost $ 4,740 19,270 16,895 $40,105 Calculate ending Inventory and cost of goods sold for the year, assuming the company uses FIFO. FIFO Cost of Goods Sold Cost of Goods Available for Sale Cost of Goods # of units Cost per unit Available for Sale Ending Inventory Ending Cost per unit Inventory # of units Cost of Goods Sold Cost per unit # of units es Beginning Inventory Purchases May 5 Nov. 3 Total