Required Informetion On January 1,2024, the general leoger of Big Biast Fireworks inciudes the followng account balances: The $44,000 beginning balance of imventory consists of 440 units, each costing $100. During January 2024, Big Blast Fireworks hacd the following anventory transacteons Jahishy is Purchese 1,35 s units for $151,200 on acceunt (\$112 eoch), imentery wystrm. The following information is wallable on January 31.2024 it. At the end of anvary, the compsny estumstes that the remaining uaits of inventory purchased on January 12 are subtracting the units retained on January it and the units assumed sold (FIFO) on Jonuary 191 b. The compady iecords an adjusting entry for 53,800 for estimated future uncoliectible sccounts C the company accrues interest on notes poyabie for January titerest is expected to be paid eacn December at a the compary accues income tases at the end of January of $13,700 Requlied