\begin{tabular}{ccccc} & & & & Unit Cost or \\ Date & & \multicolumn{1}{c}{ Description } & Quantity & Selling Price \\ Dec. 31 & Beginning inventory & 160 & $20 \\ Jan. & 2 & Purchase & 100 & 23 \\ Jan. & 6 & Sale & 180 & 42 \\ Jan. & 9 & Sale return & 10 & 42 \\ Jan. & 9 & Purchase & 75 & 24 \\ Jan. 10 & Purchase return & 15 & 24 \\ Jan. 10 & Sale & 50 & 46 \\ Jan. 23 & Purchase & 100 & 27 \\ Jan. 30 & Sale & 120 & 51 \end{tabular} Using Average method, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Round average cost to 3 decimal places, eg. 5.252 and final answers to 2 decimal places, eg 5.25.) Cost of goods sold Ending Inventory Gross Profit