5. SCS has provided the following information about one of its inventory items: DATE January 1 March 11 November 13 TRANSACTION Beginning Inventory Purchase Purchase # OF UNITS 440 780 1,240 COST PER UNIT 3,240 3,640 4,040 During the year, Shehata Coffee Shop sold 1,960 units for $5,000 each. Assuming Average Cost method, provide the following, show calculations, 9 points total: a. Average Cost Calculation (round to the nearest dollar): 3 points $ Value on the Income Statement; 1 points Gross Profit Calculation 2 points (show details) Cost of Goods Sold Expense How many units in Ending Inventory? 2 pt $ Value on Balance Sheet 1 points Ending Inventory