Teal Mountain Company uses a perpetual inventory system. Beginning inventory is 4,600 T-shirts at a cost $2.50 per shirt. During the year Teal Mountain had the following inventory transactions: Jan. 12 Purchased 920 cost @ 2.15 per unit Feb. 18 Sold 2,400 cost @ 6.50 per unit Jul. 1 Purchased 3,100 cost @ 2.65 per unit Aug. 29 Sold 2,500 cost @ 7.50 per unit Dec. 19 Purchased 920 cost @ 3.05 per unit All purchases and sales are on account. (a) Calculate the cost of goods sold and ending inventory using weighted average. (Round cost per unit to 2 decimal places, e.g. 2.25 and other answers to O decimal places, e.g. 5,125.) Weighted average Cost of goods sold $ Ending inventory $