must use these headings. answer within the hour thanks!

Question 3 [14 points] The ABC Inc. company has the following purchases and sales during the year ended December 31, 2014. Inventory and Purchases Sales Specific Units Sold Beginning 400 units @ 93/unit March 22 200 units March 22 150 units from beginning inventory January 22:350 units @ $102/unit December 14: 200 units 50 units from the January 22 purchase October 8: 450 units @ $92/unit December 14: 100 units from beginning inventory 50 units from the January 22 purchase 50 units from the October 8 purchase The units have a selling price of $145.00 per uniti a) Given that ABC Ing employs a perpetual inventory system, calculate the cost of goods available for sale and the number of units available for sale, as well as the units remaining in ending inventory Cost of goods availablo for salo; Units available for sale Units remaining in ending inventory b) Please fill in the table by calculating the dollar value of cost of goods sold and ending inventory, as well as the gross profit earned by ABC Inc, using the specific identification system Specific Identification Cast of Goods Sold Ending Inventory Gross Profit c) Prepare journal entries to record the following (assuming all sales and purchases are for cash): (a) The purchase on January 22, (b) The sale on December 14. Enter the transaction letter as the description when preparing a journal entry, When a transaction requires two separate journal entries, use the same letter for both descriptions. Dates must be entered in the format dd/mmm (ie. 15/Jan) General Jouma Page GJE AccounExplanation F Debt Credit Dato - + - + Choose an Account or Heading Categories: Accounts and Headings: All Accounts Payable Assets Accounts Receivable Liabilities Accumulated Depreciation, Automobiles Equity Accumulated Depreciation, Boats Equity Accumulated Depreciation, Building Revenues Accumulated Depreciation, Equipment Expenses Accumulated Depreciation, Furniture Other Accumulated Depreciation, Land Improvements Accumulated Depreciation, Machinery Accumulated Depreciation, Trucks Advertising Expense Advertising Payable Automobiles Boats Bonds Payable Building Cash Commissions Earned Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: II Commissions Earned ssets Consulting Revenue Earned iabilities Copyright quity Cost Of Goods Sold Equity Delivery Expense Revenues Depreciation Expense, Automobiles Expenses Depreciation Expense, Boats Other Depreciation Expense, Building Depreciation Expense, Equipment Depreciation Expense, Furniture Depreciation Expense, Land Improvements Depreciation Expense, Machinery Depreciation Expense, Trucks Depreciation expense Dividends Equipment Furniture Income Summary Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All - Income Summary Assets Income Taxes Expense Liabilities Income Taxes Payable Equity Insurance Expense Equity Interest Earned Revenues Interest Expense Expenses Interest Payable Other Interest Receivable Investment in Bonds Land Land Improvements Long-Term Notes Payable Long-term Investment in Shares Machinery Merchandise Inventory Mortgage Payable Notes Receivable LOffice Salaries Expense Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: TOUTVIDIO 11 Office Salaries Expense ssets Office Supplies Expense abilities Patents quity Prepaid Advertising Equity Prepaid Insurance Revenues Expenses Prepaid Interest Other Prepaid Rent Property Taxes Expense Property Taxes Payable Rent Earned Rent Expense Rent Payable Rent Receivable Rent expense, office space Rent expense, selling space Retained Earnings Salaries Expense Search: Erase Cancel Choose an Account or Heading gories: Accounts and Headings: Retained Earnings ets Salaries Expense lities Salaries Payable ty Sales lity Sales Discounts venues Sales Returns and Allowances penses Sales Salaries Expense ner Share Capital Short-Term Notes Payable Store Supplies Expense Supplies Supplies Expense Trademark Trucks Unearned Consulting Revenue Unearned Rent Unearned Revenue Utilities Expense Search: Erase Cancel