Seacoast Furniture began June with merchandise inventory of 48 sofas that cost a total of $35,520. During the month. the company purchased and sold merchandise on account as follows: Prepare a perpetual inventory record, using the weighted-average inventory costing method, and determine the company's Cost of Goods Sold, ending merchandise inventory, and gross profit. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. Seacoast Furniture began June with merchandise inventory of 48 sofas that cost a total of $35,520. During The gross profit is