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Item 4 2 points Item Skipped eBookReferencesCheck my workCheck My Work button is now enabled 3 Item 4 During the year, Wright Company sells 3

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During the year, Wright Company sells 330 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year.
Date Transaction Number of Units Unit Cost Total Cost
January 1 Beginning inventory 60 $ 73 $ 4,380
May 5 Purchase 2057615,580
November 3 Purchase 110818,910
375 $ 28,870
Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO.

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