Required information [The following information applies to the questions displayed below.] Hemming Co. reported the following current-year purchases and sales for its only product. Date Activities Units Ac Equired at Cost : Units Sold 1 at Retail Jan. 1 Beginning inventory 245 units e $11.80 =$ 2,891 (1) Jan .10 Sales 190 units (9) $41.80 Mar.14 Purchase 390 units e $16.80 = 6,552 Mar. 15 Sales - +- 350 units @ $41.80 July 30 Purchase 445 units e $21.80 = 9,701 - Oct. 5 Sales 430 units (a) $41.80 oct. 26 Purchase 145 units e $26.80 = 3,886 Totals bar(1,225" units ") $2 23,030 970 units Required: Hemming uses a perpetual inventory system. Assume that ending inventory is made up