Required information [The following information applies to the questions displayed below.] Tree Seedlings has the following current-year purchases and sales for its only product. Date Activities Units Acquired at Cost Units Sold at Retail January 1 Beginning inventory 130 units @ $2 = $ 260 January 31 Sales 98 units @ $8 February 14. February 15 June 30 Purchase Sales Purchase 192 units @ $3=> $ 576 150 units @ $ 8 180 units @ $4= $ 720 November 6 Sales 140 units @$8 November 19 Purchase 56 units @$5= $ 280 $ Totals 558 units 388 units 1,836