different questions

Pam's Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 290 items at $97 each. The company uses the FIFO cost flow assumption and keeps perpetual inventory records. b. Calculate the gross margin Pam's Greations would report on the Year 2 income statement. Pam's Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 290 items at $97 each. The company uses the FIFO cost flow assumption and keeps perpetual inventory records. Determine the ending inventory balance Pam's Creations would report on the December 31, Year 2, balance shee