Pineapple Company prepares monthly financial statements and uses the periodic weighted average method. Pineapple Company has the following information available for inventory for the month of January.

Date	Units	Unit cost
Balance at January 1	3,000	$9.77
Purchases: January 6 January 26	2,000 2,700	10.30 10.70
Sales: January 10 January 30	2,500 3,900

Required:

Prepare the journal entries required on January 31, 2021. Hint: Calculate the COGS and ending inventory at January 31. Use four decimal places when calculating unit costs.