Simplex Company has a fiscal year end on December 31. The company has only one product in inventory, and all units of that product are identical (homogenous). The opening balance unit price is $15 per unit. Complete the following schedule to calculate the value of ending inventory using the weighted-average cost method under the perpetual inventory system. Then calculate the cost of goods sold for the year 2021. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Date Jan 24 Purchases Quantity Cost Quantity Sales Balance Cost Quantity Value $ 100 Feb 28 30 $16.00 Mar 20 37 $18.00 Apr 27 Jul 29 37 $20.00 Sep 15 Nov 30 $ 130 $ 167 $ 40 $15.84 127 $ 164 $ 12 $16.78 152 $ 27 27 $16.78 125 Mar 20 37 $18.00 Apr 27 Jul 29 37 $20.00 Sep 15 167 $ 40 40 $15.84 127 164 $ 12 $16.78 152 $ Nov 30 27 $16.78 125 Required Calculate the cost of goods sold. Cost of Goods Sold = $ 69 $