Problem 6-8A (Part Level Submission) art Mercer Inc. is a retailer operating in British Columbia. Mercer uses the perp att returns from customers result in the goods being returned to inventory; the Assume that there are no credit transactions; all amounts are settled in cas following information for Mercer Inc. for the month of January 2015. Study Unit Cost or Selling Date Description Quantity Price Beginning $15 January 1 140 inventory 196 January 5 Purchase 18 January 8 Sale 154 28 January 10 Sale return 28 January 15 Purchase 77 20 January 16 Purchase return 20 126 January 20 Sale 33 January 25 Purchase 28 (a1) Your answer is correct