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. Date January 1 January 10 March 14 March 15 July 30 October S October 26 Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Totals Units Acquired at Cost @ $13.80 - @$18.80 @ $23.80 @ $28.80 295 units 480 units 495 units 195 units 1,465 units $ 4,071 9,024 11,781 5,616 $ 30,492 Units Sold at Retail 240 units 420 units 465 units 1,125 units @ $43.80 @ $43.80 @$43.80