Ayayai Corporation opened a new store on January 1, 2021. During 2021, the first year of operations, the following purchases and sales of inventory were made: Date Jan. 5 June 11 Oct. 18 Dec 20 Purchases Units Cost per unit 10 $1,100 10 1.340 14 1,460 18 1,640 Date July 4 Dec. 29 Sales Units 14 35 Price per unit $2,000 2.000 Assume Ayayai uses weighted average perpetual Calculate the cost of ending inventory, cost of the goods sold, and gross profit. (Round the weighted average cost per unit to two decimal places, es 52.75 and final answers to decimal places, es. 5.275.) Ending inventory $ Cost of goods sold $ Gross profit $ Prepare journal entries to record the December 20 purchase and the December 29 sale using (1) weighted average periodic and (2) weighted average perpetual. Assume both the sale and purchase were for cash. (Round final answers to decimal places, eg. 5.275. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (1) Weighted Averageperiodic Date Account Titles and Explanation Debit Credit Dec. 20 (To record cash purchase.) Dec. 29 (To record cash sale.) (2) Weighted Average perpetual Date Account Titles and Explanation Dec. 20 Debit Credit (To record cash purchase.) Dec 29 (To record cash sales.) Dec. 29 (To record cost of goods sold.)