Purchases During the Period 1 purchase 500 unitsat$2 2nd purchase 1.000unitsat$3 3rd purchase 500 unisat$4 4th purchase 500 unitsat$5 2,500 units Coleman's sales during the period were 2,350 units and its inventory at the beginning of the period was 100 units at $1 per unit. If Coleman uses the average cost method, what average cost per unit should be used to calculate ending inventory and cost of goods sold? Round to the nearest cent O a $2.61 Ob. $3.10 Oc. $3.31 Od. $3.50 Oe. $3.53 If a company has a large amount of accounts receivable, which account is it also normally required to report on the balance sheet? O a. Cash equivalents O b. Unearned revenue Oc. Accumulated depreciation Od. Allowance for doubtful accounts Oe. Deferred income taxes