Presented below is information related to Windsor Enterprises. Jan. 31 Feb. 28 Mar. 31 Apr. 30 Inventory at cost $16,200 $16,308 $18,360 $15,120 Inventory at LCNRV 15,660 13,608 16.848 14,364 Purchases for the month 18.360 25,920 28,620 Sales for the month 31,320 37,800 43,200 (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 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).) February March April Sales Revenue 31,320 $ 37,800 $ 43200 Cost of Goods Sold Inventory, Beginning 16,200 16,308 i 18360 Purchases 18,360 i 25,920 i 28620 i Cost of Goods Available 34560 i 45228 46980 i Inventory, Ending 16,308 i 18360 i 15120 Cost of Goods Sold 18208 23868 i 31860 i Gross Profit 13112 13920 11340 Gain (loss) due to Market Fluctuations of Inventory (2560) $ $ $