1I. Calculations (10 points) 1. Beginning inventory, purchases, and sales data for USB flash disks are as follows: Nov1 Inventory 140 units at $25 Nov 6 Credit Sales 60 units at $30 (Selling price) Nov 14 Purchase 100 units at $22 Nov 19 Credit Sales 80 units at S30 (Selling price Nov 25 Credit Sales 60 units at S30 (Selling price Nov 30 Purchase 70 units at $20 a. Record the journal entries of the transactions on Nov 6 (Assuming the purchase is on credit, 4 points) b. How much is the merchandise sold using periodic FIFO method? (Show the calculations, 4 points) How much is the gross profit in November? (2 points) c