The following data has been provided by Lee Company regarding its inventory purchases and sales throughout the year. Transaction Units Cost per Unit January 1 Balance 175 $86 March 14 Sale 60 May 23 Purchase 130 90 August 21 Sale 100 November 5 Purchase 176 91 November 18 Sale 100 November 30 Sale 100 December 5 Sale 100 25 25 95 December 10 Purchase Required: Compute the cost of goods sold and ending inventory using the perpetual inventory system for the FIFO cost flow assumption. Ending inventory Cost of goods sold