Esquire Inc. uses the LIFO method to report its inventory. Inventory at January 1, 2021, was $754,000 (29,000 units at $26 each). During 2021, 98,000 units were purchased, all at the same price of $35 per unit. 99,000 units were sold during 2021. Calculate the December 31, 2021, ending inventory and cost of goods sold for 2021 based on a periodic inventory system. Cost of Goods Available for Sale COGS - Periodic LIFO Ending Inventory - Periodic LIFO # of units sold Cost per unit $ 26 Cost of Goods Sold # of units in ending inventory Cost # of units Cost of Goods per Available unit 29,000 $ 26 $ 754,000 98,000 35 3,430,000 127,000 $ 4,184,000 $ Beginning Inventory Purchases Total 0 Cost Ending per Inventory unit $ 26 $ 0 $ 35 0 $ 0 $ 35 0 0 $ 0 0