TB EX Qu. 6-206 During 2021, a company sells... During 2021, a company sells 350 units of inventory for $95 each. The company has the following inventory purchase transactions for 2021: Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 65 162 187 Unit Cost $68 69 71 Total Cost $ 4,420 11,178 13,277 $28,875 414 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses FIFO. Answer is complete but not entirely correct. Ending inventory Cost of goods sold $ 6,080 X $ 33,250