. . 25. (2 points) The following pertain to the cost of H's only inventory item: Inventory on hand, January 1 200 units @ $52 per unit Purchases, January 8 100 units @ $86 Purchases, January 12 900 units @ $89 per unit Purchases, January 20 400 units @ $87 per unit Purchases, January 26 500 units @ $90 per unit 2,100 per unit . . Sales, January 5 Sales, January 9 Sales, January 17 Sales, January 22 Sales, January 30 50 units @ $200 per unit 150 units @ S200 per unit 200 units @ $200 per unit 700 units @ $200 per unit 600 units @ $200 per unit 1,700 (1,700 x $200 20 - $340,000) Calculate COGS AND GP for January AND El as of 01-31 under the following assumption > Huses perpetual LIFO EI: COGS: Gross profit