fit world began July with the merchandise inventory of 80 crates of vitamins that cost a total of $3600 during the month shit world purchased and sold merchandise on account as follows

jul. 5 purchase 120 crates @ $58 each

jul. 13 sale 130 crates @ $100 each

jul. 18 purchase 130 crates @ $72 each

jul. 26 sale 140 crates @ $106 each

prepare a perpetual inventory record, using the FIFO inventory costing method, and determine the company's cost of goods sold, ending meechandise inventory, and gross profit.