Multiple Choice Test $($Part $1$ of $2$ parts$)($i$)$

A company's inventory records indicate the following data for the month of April:

$\backslash$table$[[$Date$,$Activities,Units Acquired at cost$,$Units Sold at Retail$],[$April $1,$Beginning inventory,$700$ units @$$36=$$$25,200,],[$April $7,$Purchase,$580$ units @ $$40=$$$23,200,],[$April $11,$Sale,$500$ units @$$44=$$$22,000,1,000$ units @$$110$