A flood recently destroyed many of the financial records of Rizal Company. The company uses an average cost inventory valuation system. Rizal makes a physical count at the end of each month to determine monthly ending inventory value. By examining various documents, the following data are gathered: Ending inventory at July 31 - 60,000 units; Total cost of units available for sale in July - 1,452,100; Cost of goods sold during July - 1,164,100; Cost of inventory, July 1 - 4.00 per unit; Gross profit on sales for July - 935,900. Purchases during July are: July 5 - 55,000 units @5.10/unit; July 11 - 53,000 units @5.00/unit; July 15 - 45,000 @5.50/unit; July 16 - 47,000 units @5.30/unit.

How many units are there as of July 1?

Referring to the question above, how many units were sold during the month of July?

Refer to the information above, What is the cost of the inventory on July 31?