During the year , Wright Company sells 495 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year, Det Cost Date Jan. 1 Mays Nov. 3 Number of Units se Transaction Beginning inventory Purchase Purchase 275 $ 62 70 75 Total Cost $ 3,350 19,250 16,825 539,475 225 550 Calculate ending Inventory and cost of goods sold for the year, assuming the company uses FIFO. FIFO Cost of Goods Available for Sale Cost of Goods # of units Cost per unit Available for Sale 0 Ending Inventory Ending Cost per unit Inventory of units Cost of Goods Sold Cost per unit Cost of Goods # of units Sold $ 0$ 0 Beginning Inventory Purchases May 5 Nov 3 Total 0 $ 0 0 $ 0 0 0 0 0 $ D $ 0 0 5 0