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Required information

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Hemming Company reported the following current$-$year purchases and sales for its only product.

$\backslash$table$[[$Date$,$Activities,Units Acquired at Cost,Units Sold at Retail$],[$January $1,$Beginning inventory,$280$ units,@ $$13\mathrm{.}20,=,$$$3,696,,],[$January $10,$Sales,,,,,$240$ units,@ $$43\mathrm{.}20$