As part of the C-Suite team you are being asked to report to the CEO directly in regard to financial matters. Crunch the following numbers and report back to the CEO: October 1 beginning inventory =20 units @\$50. October 6 purchases =60 units @ $52. October 15 sales =52 units @ $80. October 22 purchases =40 units $56. October 30 sales =29 units @ $85 ? What is gross profit on a periodic ufo basis? A. $2,253 B. $2,297 C. $2,332 D. 52,376 E. 52,449