Pinnochio, the manager of Geppetto's Toys Limited, has come to you for assistance in calculating the gross profit for the month of January 2023. Pinnochio has provided you with the following information: - all sales are made on account - sales returns \& allowances for the month of January 2023 were $9,600. - sales discounts for the month of January 2023 were $4,200. - selling price is $600/ unit. - the fnllowine is a summary of the inventory purchases and sales for the month: Required: A. Calculate the cost of ending inventory & the cost of goods sold for the month using the FIFO cost flow assumption. B. Calculate the cost of ending inventory and cost of goods sold for the month using the weighted average inventory cost flow assumption. C. Prepare the journal entry to record the January 10, 2021 sale assuming the company uses the weighted average inventory cost flow assumption. D. Prepare a partial income statement for the month of January 2023 to the point of gross profit assuming they are using the weighted average cost flow assumption. E. Calculate the gross profit percentage for the month of January 2023. (Based on answer to part D)