Jan. 31 Feb. 28 Mar. 31 Apr. 30 Inventory at cost Inventory at LCNRV Purchases for the month Sales for the month $15,553 12,978 17,510 29,870 $17,510 16,068 24,720 36,050 S15,450 $14,420 13,699 27,295 41,200 14,935 Your answer is partially correct. Try again. From the information, prepare (as far as the data permit) monthly income statements in columnar form for February, March, and April. The inventory is to be shown in the statement at cost; the gain or loss due to market fluctuation be shown separately (using a valuation account) (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).,) March April Sales Revenue 29,870 36,050 41,200 Cost of Goods Sold Inventory, Beginning 15,450 15,553 17,510 17,510 24,720 27,295 Cost of Goods Available 32,960 40,273 44,805 Inventory, Ending 15,553 17,510 14,420 17 407