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During the year, Wright Company sells 425 remote-control airplanes for $110 each. The company has the following inventory purchase transactions for the year. Number Date Transaction of Units Unit Cost Total Cost Jan. 1 Beginning inventory 60 $79 $ 4,740 May 5 Purchase 235 82 19270 Nov. 3 Purchase 170 87 14,790 465 $ 38,800 Calculate ending inventory and cost of goods sold for the year, assuming the company uses specific identication. Actual sales by the company include its entire beginning inventory, 215 units of inventory from the May 5 purchase, and 150 units from the November 3 purchase. 3 Answer is not complete. Beginning 1 Inventory Purchase Purchase Total 1 Drum. I: A; I: III klav+