eBook Calculator Periodic Inventory by Three Methods The beginning inventory at Midnight Supplies and data on purchases and sales for a t Number Date Transaction Per Unit Total of Units Jan. 1 Inventory 7,500 $75.00 $562,500 22,500 85.00 1,912,500 11,250 150.00 1,687,500 562,500 225,000 4,725,000 27,000 160.00 4,320,00o 25,500 160.00 4,080,000 5,000 89.50 4,027,500 30,000 160.0o 4,800,000 675,000 26,250 160.00 4,200,000 10 Purchase 28 Sale 30 Sale 3,750 150.00 1,500 150.00 54,000 87.50 Feb. 5 Sale 10 Purchase 16 Sale 28 Sale Mar. 5 Purchase 14 Sale 25 Purchase 7,500 90.00 30 Sale Required: 1. Determine the inventory on March 31 and the cost of merchandise sold for the three-n inventory system. Merchandise inventory, March 31 Check My Work All work saved