Help Savo & Exit During 2021, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory Sep. 8 Purchase Number of Units 15 17 32 Unit Cost $58 60 Total Cost $ 870 1,020 $1,899 108 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO Ending Inventory Cost of goods sold At the beginning of the year, Big Time Tires acquired a patent for $730,000, and a trademark for $240,000. Big Time Tire's policy is to amortize intangible assets with finite useful lives using the straight line method, no residual value, and a five-year service life What is the total amount of amortization expense that would appear in Big Time Tire's income statement for the first year related to these items? Amortization exponse