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During 2021, a company sells 380 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan.

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During 2021, a company sells 380 units of inventory for $86 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov.) Purchase Number of Units 67 163 182 412 Unit Cost Total Cost $69 $ 4,623 71 11,573 74 13,468 $29.664 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold

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