# of	unit cost or
		items	sale price
July 1	Opening balance	45	$30
July 5	Purchase	20	$32
July 7	Purchase of July 5 items returned	-5
July 10	Sale	45	$40
July 12	Purchase	25	$34
July 17	Sale	20	$50
July 24	Purchase	35	$35

What is the value of the inventory after the July 12 transaction? A/ Question 61 (1 point) What amount of cost of goods sold will be recorded on July 17? Question 62 (1 point) What is the value of the inventory after the July 17 transaction? Question 63 (1 point) What is the gross profit percentage on the July 17 sale? A/