During the year, Wright Company sells $500$ remote$-$control airplanes for $$120$ each. The company has the following inventory purchase transactions for the year.

$\backslash$table$[[$Date$,$Transaction,$\backslash$table$[[$Number of$],[$Units$]],\backslash$table$[[$Unit$],[$Cost$]],$Total Cost$],[$January $1,$Beginning inventory,$40,$$$68,$$$2,720$