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Presented below is information related to Blossom Enterprises. Jan. 31 Feb. 28 Mar. 31 Apr. 30 Inventory at cost $18,450 $18,573 $20,910 $17,220 Inventory at

Presented below is information related to Blossom Enterprises. Jan. 31 Feb. 28 Mar. 31 Apr. 30 Inventory at cost $18,450 $18,573 $20,910 $17,220 Inventory at LCNRV 17,835 15,498 19,188 16,359 Purchases for the month 20,910 29,520 32,595 Sales for the month 35,670 43,050 49,200 (a) Partially correct answer icon Your answer is partially correct. From the information, prepare (as far as the data permit) monthly income statements in columnar form for February, March, and April. The inventory is to be shown in the statement at cost; the gain or loss due to market fluctuations is to be shown separately (using a valuation account). (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

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