Question: The William Trading Company discloses the following information for the month of August 2019. Aug1: Beginning Inventory, 1000 units @$6.5each. Aug10: Sold 300 units @$12.5 each 3750 Aug 11: Purchased 2500 units @ $7.5 each Aug 15: Sold 800 units @10.5 each 8400 Aug 20: Purchased 1000 units @ 7 each. Aug 27: Sold 500 units @10 each. 5000 Aug 28: Purchased 1500 units @ 6.5 each. Aug 29: Sold 1500 units @6.5 each. Aug 30: Purchased 2500 units @ 6 each. 9750 Required: Assume the William Company uses perpetual inventory system, Compute COGS, Ending inventory and Gross Profit under: