Marigold Ltd$.$ distributes olive oil to grocery stores and restaurants. At the end of October, Marigold's inventory consists of $155$ one$-../$E :litre bottles of olive oil purchased at $$12$ per litre. Marigold uses a perpetual inventory system. Return rates in food industry are moderate, with Marigold experiencing a $5\%$ return rate historically.During the month of November, the following merchandise transactions occurred:November $2$ Sold $120$ one$-$litre bottles of olive oil on account to Eatalia Grocery for $$29$ each, with an average cost of $$12\mathrm{.}4$ Purchased $200$ bottles of olive oil for $$10$ each from Ambrosia Oleum, terms n$/30\mathrm{.}8\text{'}$ Purchased $200$ bottles on account for $$11$ each from EVOO, terms n$/30\mathrm{.}10$ Granted Eatalia a $$145$ credit for five bottles of olive oil returned to Marigold. The bottles were restored toInventory$\mathrm{.}13$ Received a $$110$ credit for $10$ bottles of olive oil returned to EVOO$\mathrm{.}14$ Sold $40$ bottles of olive oil on account to Mezes Restaurant for $$40$ each, with an average cost of $$11,$ terms n$/30\mathrm{.}16$Issued a $$116$ credit memorandum to Eatalia Grocery for the return of four bottles of olive oil. The bottles were not returned to inventory as it was past the best before date$\mathrm{.}18$ Received payment in full from Eatalia Grocery$\mathrm{.}24$ Paid EVOO in full$\mathrm{.}26$ Received payment in full from Mezes$\mathrm{.}30$ Sold $50$ bottles to La Bodega Grocery for $$29$ each, with an average cost of $$11,$ terms n$/30.$