Sad Help During the year, Wright Company sells 480 remote-control airplanes for $100 each. The company has the following inventory purchase transactions for the year. Date Jan. 1 May. 5 Nov. 3 Transaction Beginning inventory Purchase Purchase Number of Units 50 260 210 520 Unit Cost $70 73 78 Total Cost $ 3,500 18,980 16,380 $38,860 Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. LIFO Cost of Goods Available for Sale # of units Cost of Goods Cost per unit Available for Sale $ Cost of Goods Sold # of units Cost per unit Cost of Goods Sold $ $ 0 Ending Inventory Ending # of units Cost per unit Inventory 0 0 Beginning Inventory Purchases: May 5 Nov. 3 Total 0 $ 0 0 $ 0 OOO $ 0 0 $ 0 $ 0