Required information The following information applies to the questions displayed below Pam's Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 130 items at Sleach. The company uses the FIFO cost flow assumption and keeps perpetual inventory records Required a. Record the inventory transactions in general journal format required in the first account field.) ne entry is required for a transaction event, select "Ne journal entry General Journal Det Credit Date 03/05 101010 Inventory Cash 10010 04/10 Cash Sales revenue 04/10 Cost of goods sold Inventory 06/19 Cash Sales revenue 05/19 Cost of goods sold Inventory 09/16 Inventory Cash 11/28 Cash Sales revenue 11/28 Cost of goods sold Inventory b. Calculate the gross margin Pam's Creations would report on the Year 2 income statement. (Amounts to be deducted should be indicated with a minus sign.) This is a numeric cell, so please enter numbers only c. Determine the ending inventory balance Pam's Creations would report on the December 31, Year 2. balance sheet Ending inventory This is a numeric cell, so