Ayayal Corporation began operations on December 1, 2022. The only inventory transaction in 2022 was the purchase of inventory on December 10, 2022, at a cost of $20 per unit. None of this inventory was sold in 2022. Relevant information for fiscal 2023 is as follows: Ending inventory units: Dec. 31, 2022 Dec. 31, 2023, by purchase date Dec. 2, 2023 July 20, 2023 100 100 30 130 During 2023, the following purchases and sales were made: Purchases Sales Mar 15 310 units at $24 Apr. 10 200 July 20 310 units at $26 Aug 20 270 Sept 4 210 units at $28 Nov 18. 160 Dec 2 100 units at $30 Dec. 12 270 The company uses the periodic inventory method.