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At the beginning of July, Fick_3D Corporation has a balance in inventory of $3,400 of 3D printing accessories. The following transactions occur during the month

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At the beginning of July, Fick_3D Corporation has a balance in inventory of $3,400 of 3D printing accessories. The following transactions occur during the month of July. July 3 Purchase inventory on account from wholesale 30 for $2,300, terma 1/10. %. July 4 pay cash for freight charges related to the July 3 purchase from Wholesale 30,$110. July 9 Return incorrectly ordered 3D printing accessories to wholesale 3D and receive credit, $200. July 11 pay Wholesale 3D in full. Jaly 12 Sell 3D printing accessories to cuntomers on account, $5,800, that had a cost of $3,000. July 15 Receive full payment from customers related to the sale on July 12. July 18 Purchase 3D printing accessories on account from 3D Supply for $3,100, terns 1/10. /30. July 22 Sell 3D printing accessories to customers for cash, $4,200, that had a cost of $2,500. July 28 Return 3D printing accessories to 3D supply and receive credit of $300. July 30 Pay 3D supply in full. Required: 1. Assuming Fick_3D uses a periodic inventory system, record the transactions. 2. Record the month-end adjusting entry to inventory, assuming that a final count reveals ending inventory with a cost of $2,889. 3. Prepare the top section of the multiple-step income statement through gross profit for the month of July. 4. Compute the gross profit ratio for the month of July

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