Chapter 7 HMWK eBook 3. TMM.07.03 Periodic Inventory by Three Methods 4. TMM.07.04 The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as follows: 5. TMM.07.05 Number Date Transaction of Units Per Unit Total 6. TMM.07.07 -- Jan. 1 Inventory 7,500 $75.00 $562,500 7. PE.07.01.ALGO 10 Purchase 22,500 85.00 1,912,500 28 Sale 11,250 150.00 1,687,500 8. PE.07.02.ALGO 30 Sale 3,750 150.00 562,500 9. PE.07.03.ALGO 1,500 150.00 225,000 Feb. 5 Sale 10 Purchase 10. PE.07.05.ALGO