5. of 4 Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date Activities Beginning March 1 inventory March 5 Purchase Ook Units Acquired at Cost 100 units 400 units Units Sold at Retail $50 per unit $55 per unit March 9 Sales 420 units $85 per unit March 18 Purchase 120 units March 25 Purchase March 29 200 units $60 per unit $62 per unit Sales nces Totals 820 units 160 units $95 per 580 units unit For specific identification, units sold include 80 units from beginning inventory, 340 units from the March 5 purchase, 40 units from the March 18 purchase, and 120 units from the March 25 purchase.