Presented below is information related to Oriole Enterprises. Jan. 31 Feb. 28 Mar. 31 Apr. 30 Inventory at cost Inventory at LCNRV $17,700 $17,818 $20,060 $16,520 17,110 14,868 18,408 17,110 Purchases for the month 20,060 28,320 31,270 Sales for the month 34,220 41,300 47,200 (a) 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 loss due to market fluctuations is to be shown separately. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sales Revenue Cost of Goods Sold Inventory, Beginning Purchases Cost of Goods Available February 34220 March April 41300 47200 17700 i 17818 i 20060 i 20060 i 28320 i 31270 i 37760 i 46138 i 51330 i Less : Inventory, Ending 17818 i 20060 i 16520 i Cost of Goods Sold Gross Profit Inventory Loss 19942 i 26078 i 34810 i 14278 15222 +A 12390 0 12390