14 Required information [The following information applies to the questions displayed below.] The Clothes Store had the following transactions for T-shirts for Year 1, its first year of operations. January 20 April 21 Purchased 430 units @ $ 7 = Purchased 230 units @ $9 = $3,010 2,070 July 25 Purchased 310 units @ $12 = 3,720 September 19 Purchased 120 units @$14 = 1,680 During the year, The Clothes Store sold 900 T-shirts for $23 each.