On June 1, 2019, a company has 100 units of inventory. The cost per unit is $300 The company uses the average cost inventory methond. During June, 2019 the report the following activities. June 9, they sell 50 units of inventory for $440, they use credit card with average fee of 2.5% June 14 they purchase 100 units of inventory on account. The cost per unit is $320, and they must pay additional $5 per unit for transaction fees and a total of 1,100 for shipping June 17, they sell 40 units of inventory for $450 per unit. The sale is on account with terms "3/15, n/45" June 24, a customer returns 2 units original sold on June 9. The company gives the customer store credit June 29, the company collects on the June 17 sale. coco OSS For the month ended June 30, 2019 1) Calculate net sales 2) Calculate cost of goods sold 3) Calcualte the inventory turnover ratio 44 45 + 46 47