Problem-Questions-Unit-4I 1.) The following data has been earmarked for Antalya Inc. with respect to January 2020 as follows: (40 marks) I] January 1 balance 80 units at $251 January 10 purchase 100 units at $28 January 15 sale 120 units 1 January 21 purchase 90 units at $321 January 28 sale 110 units 1 Compute ending inventory as of January 31,2020 and detempine cost of goods sold for January. 1 2.). Compare and contrast the financial statements of merchandising vs a service company. Justify your answer in relation to class discussion! (40 marks)! 3.) - Cost of sales for the year ended June 30,2020$510,000 Inventory balance on June 30,2019125,000 : Inventory balance on June 30,2020165,000 - Based on the values given above, what would you advise to the company towards improving the relevant ratio? (Necessary calculations and assumptions should be applied) (20 marks) 5