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During 2021, a company sells 379 units of inventory for $89 each. The company has...

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During 2021, a company sells 379 units of inventory for $89 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 62 160 184 406 Unit Cost $62 64 67 Total Cost $ 3,844 10,240 12,328 $26,412 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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