Oriole Company sells one product. Presented below is information for January for Oriole Company.

$\backslash$table$[[$Jan$.1,$Inventory,$120,$units at $$5$ each$],[4,$Sale,$96,$units at $$8$ each$],[11,$Purchase,$141,$units at $$7$ each$],[13,$Sale,$113,$units at $$9$ each$],[20,$Purchase,$160$ units at $$7$ each,$],[27,$Sale,$104,$units at $$11$ each$]]$

Driole uses the FIFO cost flow assumption. All purchases and sales are on account.