During the year, Wright Company sells 460 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year. of UnitsUnit Cost Total Cost Jan. 1 Beginning inventory May 5Purchase Nov. 40 240 190 $80 $ 3,200 19,920 16,720 83 3 Purchase 470 $ 39,840 Calculate ending inventory and cost of goods sold for the year, assuming the company uses FIFO. Cost of Goods Available for Sale Average | unit FIFO Cost of Goods Sold Ending Inventory Cost of Goods Average Cost of Goods Sold | # of units cost per | # of units | Cost -Ending per unit inventory s of units Cost per Available for Sale unit Beginning Inventory May 5 Nov. 3 Total