P6-8B Fechter Inc. is a retailer operating in Dartmouth, Nova Scotia. Fechter uses the perpet¬

ual inventory method. All sales returns from customers result in the goods being returned to in¬

ventory; the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Fechter Inc. for the month of January 2008.