Joe Burrow. Inc. engaged in the following inventory transactions this period Date Purchase Beg. 50 Units @ $20 cost each 1/10 1/15 35 Units @$18 cost each 1/20 1/25 20 Units @$16 cost each Sale 40 Units @ $35 retail each 25 Units @ $35 retail each Using a periodic approach. What is Burrow's January gross profit using Weighted Average Round any preliminary calculations to two decimal places O $2.275. $1,068. $1,207 $1,105