Question#03: 04 Following are the selected transactions of Nehan's Enterprise relating to inventory during 2014: Date Particulars Units Unit Cost Price January 1 Beginning inventory 50 Tk. 10 March 1 Purchase 30 15 March 15 Purchase Return 15 April 1 Sales 60 30 April 3 Sales returns 5 30 Required: Calculate the ending inventory, cost of goods sold and net purchase under FIFO method 5 Page 2 of 2