IThe following information applies to the questions displayed below.j Home Hardware reported beginning inventory of 20 shovels, for a total cost of $100. The company had the following transactions during the month: Jan. 2 sold 4 shovels on account at a selling price of $10 per unit 16 sold 10 shovels on account at a selling price of $10 per unit. 18 Bought 5 shovels on account at a cost of $5 per unit. 19 Sold 10 shovels on account at a selling price of $10 per unit. 24 Bought 10 shovels on account at a cost of $5 per unit. 31 Counted inventory and determined that 10 units were on hand