< Back 5 This window shows your responses and what was marked correct and incorrect from your previous attempt. During the year, Wright Company sells 425 remote-control airplanes for $110 each. The company has the following Inventory purchase transactions for the year. Number of Unit Total 88/1.25 oints awarded Date Jan. 1 May. 5 Transaction Units Cost Coat Beginning inventory 60 $79 $ 4,740 Purchase 235 82 19,270 Nov. 3 Purchase 170 465 87 14,790 $38,800 Scored LIFO Calculate ending inventory and cost of goods sold for the year, assuming the company uses LIFO. Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods # of Cost per units unit Available for Sale #of units Cost per unit Cost of Goods Sold # of Cost per units unit Ending Inventory Beginning 60 $ 79 $ 4,740 170 S 79 S 13,430 60 $ 79 $ 4,740 Inventory Purchases: May 5 235 $ 82 19,270 235 $ 82 19,270 235 82 19,270 Nov. 3 170 $ 87 14,790 20 $ 87 1,740 170 $ 87 14,790 Total 465 38,800 425 $ 34,440 4651 $38,800 Red text indicates no response was expected in a cell or a formule-based calculation is incorrect; no points deducted