2. The following data has been provided by Lee Company regarding its inventory purchases and sales throughout the year.

	Transaction	Units	Cost per Unit
1-Jan	Balance	175	$86
14-Mar	Sale	55
23-May	Purchase	135	90
21-Aug	Sale	100
5-Nov	Purchase	175	91
18-Nov	Sale	100
30-Nov	Sale	100
5-Dec	Sale	100
10-Dec	Purchase	25	95

Required: Compute the cost of goods sold and ending inventory using the perpetual inventory system for the LIFO cost flow assumption.