Question 6 of 9 View Policies Current Attempt in Progress -15 1 Caning Hands Ltd is a retailer specialong in hand care products. The company donates twenty percent of its profits to local charities Caring Hands uses the perpetual inventory system and the following Imited information relates to Caring Hands Ltd's inventory transactions during the month of May Date Units Cost/Unit Amount May 1 Beginning Inventory 7800 $36 $280.000 5 Sale 3700 13 Purchase 1,400 $44 $61,600 17 Purchase 900 $45 $40.500 20 Sale 3700 28 Purchase 2500 548 $120,000 30 Sale 3,900 Units sold were priced at $57 Calculate Caring Hands' cost of goods sold gross margin and ending inventory for the month of May using FIFO Cost of Goods Sold S