During the year, Wright Company sells 515 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 60 295 245 600 Unit Cost Total Cost $ 63 5 3,780 66 19,470 71 17,295 $40,645 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 Sold of units Cost per unit Cost of Goods Cost of Goods of units Cost per Available for Sale unit Sold 5 0 $ 05 0 Ending Inventory of units Cost per unit Ending Inventory Beginning Inventory Purchases May 5 Nov3 Total $ $ 0 $ 0 5 0 $