AP7-8A (Calculation of ending inventory and cost of goods sold-perpetual system) The following information relates to Hogs Back Falls Ltd.'s inventory transactions during the month of February. Units 7,500 6.500 4,000 500 4,000 4,000 2,900 Cost/Unit Amount Feb. 1 10 14 18 25 26 28 Beginning inventory Sale Purchase Purchase Sale Purchase Sale $25.00 $187,500 $26.00 $104,000 $29.00 14,500 $35.00 $140,000 All of the units sold were priced at S85.00 per unit