Check my work 3 3 DO During the year, Wright Company sells 435 remote-control airplanes for $120 each. The company has the following inventory purchase transactions for the year Total Transaction coat Cost Jan. 1 roinning inventory 40 980 1.200 Hay. 5 Purchase 240 Nov.) Purchase 80 A Calculate ending inventory and cost of goods sold for the year, assuming the company es weighted average cost. (Round your average cost per unit to decimal places) Weighted Average Cost Cost of Goods Available for Sale Average cost of Ods of unita Coster Available for Sale 40 $ 3.200 Cost of Good Son Weighted Average Encing Inventory - Weighted Avera Cost Cost of units Average Cost Cost of Goods Average cost in ending Ending Sold tory Inventory Beginning inventory Purchase Mays Now Total 200 19.920 15.840 180 460 $ 9 Required information [The following information applies to the questions displayed below.) an 1 of 2 Below are amounts found in the income statements of three companies. Company Henry Grace James Sales Revenue $26,000 29,000 34,000 eBook Cost of Goods Sold $ 9,100 22,620 23,800 Operating Expenses $4,700 7,700 2,700 Non-Operating Expenses $1,700 3.700 . Income Tax Expense $1,700 0 2,700 Hint References Required: 1. For each company, calculate (a) gross profit, (b) operating income. (c) Income before income taxes, and (d) net income. (Negative amounts should be indicated by a minus sign) Gross Profit Operating Income Income Before Income taxes Net Income Loss Henry Grace James