Daniel Jackson, Waterway & Jackson Fabricators' purchasing manager, has just completed the company's inventory purchases be January February March Quarter Budgeted unit sales 21,000 28,000 32,000 81,000 Budgeted ending inventory 5,600 6,400 7,200 7,200 Budgeted unit cost 20.53 20.53 20.53 20.53 Prepare Waterway & Jackson's ending inventory and cost of goods sold budget for the first quarter. Ending inventory $ I Cost of goods sold $