! Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 450 units. Ending inventory at January 31 totals 170 units. Units Unit Cost Beginning inventory on January 1 Purchase on January 9 410 90 $ 4.00 4.20 Purchase on January 25 120 4.30 QS 5-5 (Algo) Periodic: Inventory costing with FIFO LO P1