27. Daniel Company uses the perpetual inventory system to account for its merchandise. The beginning balance of the inventory and its transactions during January were as follows: January 1: Beginning Balance of 18 units at $13 each January 12: Purchased 15 units at $14 each January 19: Sold 24 units at a selling price of $28 each January 20 Purchased 24 units at $17 cach January 27: Sold 27 units at a selling price of $32 each I If the company uses the FIFO inventory method, what would be the Gross Profit for the month of January A) $786 B) $750 C) $774 D) $762 E) S756