During the year, Wright Company sells 570 remote-control airplanes for $120 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 40 300 250 590 Unit Cost $ 62 65 70 Total Coast $ 2,480 19,500 17,500 $39,480 Calculate ending inventory and cost of goods sold for the year, assuming the company uses weighted-average cost. (Round your average cost per unit to 4 decimal places.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Endinventory - Weighted Average Cost Weighted Average Cost Cost Average Cost of Gids # of units # of units Cost per Available for of units Average Cost Cost of Goods Average Cost Ending in ending unit Sale sold per Unit Sold Inventory per unit Inventory Beginning Inventory $ 2,480 Purchases: May 5 300 19,500 Nov 3 250 17,500 Total 590 $ 39,480 $ 0.00 0.00 40