Saved Required information [The following information applies to the questions displayed below.) of 2 The Shirt Shop had the following transactions for T-shirts for 2018, its first year of operations: Jan. 20 Purchased Apr. 21 Purchased July 25 Purchased Sept. 19 Purchased 330 units 80 units 210 units 60 units @ @ @ @ $10 - $11 $13 - $14 = $3,300 8 80 2,730 840 01:54:37 During the year, The Shirt Shop sold 520 T-shirts for $19 each. b. Compute the gross margin using the FIFO cost flow assumption FIFO Gross margin CRO