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Ancaster Wholesale Inc. had the following inventory transactions for one month. The company uses a perpetual system and FIFO. All purchases and sales are on account. # of unit cost or items sale price $30 50 | 25 $32 May 1 Opening balance May 5 Purchase Purchase May 7 of May 5 items returned May 10 Sale -5 50 $40 May 12 Purchase 25 $34 May 17 Sale 20 $50 May 24 Purchase 35 $35 Use an inventory cost chart and an accounting chart to analyze the above transactions, and then answer the questions below. Where you are asked to enter a percentage, you may enter it in any of several ways. For example, 78 percent can be entered as 78%, 78, 0.78, or 78. Dollar figures should be entered WITHOUT dollar signs, commas, or decimal points. Question 60 (1 point) What is the gross profit percentage on the May 17 sale? Question 61 (1 point) What is the amount of gross profit on the May 17 sale? Question 62 (1 point) What is the value of the inventory after the May 24 transaction? Question 63 (1 point) What is the total revenue for the month? A Question 64 (2 points) What is the total gross profit for the month? (2 marks)