Oscars Ltd. sells many products. Hoot is one of its popular items. Below is an analysis of the inventory purchases and sales of Hoot for the month of March. Owl uses the perpetual inventory system. Sales Purchases Units Unit Cost Units Selling Price/Unit Mar 1 Beginning inventory 600 $40 3 Purchase 00 100 8 4 Sales $80 e5: 120 20 10 Purchase 16 Sales 19 Sales 120 120 25 Sales 100 00 60 190 275 DELL 20 220 75