Horton Enterprises, a farm equipment retailer, had the following units on hand as of January 1 of the current year. (Click the icon to view the equipment information.) During the year, it purchased the following pieces of equipment: (Click the icon to view the additional equipment information) During the year, Horton sold all of the units in its beginning inventory except for the Hay Baler (item 4423). It also sold the tractor that was purchased during the year (item 2288) What are Horton's ending inventory and cost of goods sold under the specific identification method? (Enter a "0" for any zero amounts) Item Number 1167 2234 4423 Description Horse Trailer Tractor Hay Baler Quantity 2 1 1 $ Cost per Unit 50,000 45,000 25,000 Item Number 2288 4467 Description Tractor Hay Baler Quantity 1 1 $ Cost per Unit 42,000 37,000 Item Number 1167 2234 2288 4423 Description Horse Trailer Tractor Tractor Hay Baler Quantity Cost per Unit Cost of Goods Sold Ending Inventory