During the year, Wright Company sells 470 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 60 250 200 510 Unit Cost $ 82 85 90 Total Cost $ 4,920 21,250 18,000 $44,170 Calculate ending Inventory and cost of goods sold for the year, assuming the company uses specific identification. Actual sales by the company include its entire beginning inventory, 230 units of Inventory from the May 5 purchase, and 180 units from the November 3 purchase. Date Units Sold Unit Cost Ending Inventory Units Unit Cost Ending Inventory Cost Cost of Goods Sold $ Activity Beginning Inventory Purchase 0 $ Jan. 1 May 5 Nov. 3 0 0 0 Purchase 0 0 Total 0 $ 0 0 $ 0