Solve the following problem.

ProblemlO Yakal Company reported that a ood recently destroyed many of the nancial records. The entity used an average cost inventory valuation system. The entity made a physical count at the end of each month in order to determine monthly ending inventory value. By examining various documents, the following data are gathered: Ending inventory at July 31 60,000 units Total cost of units available for sale in July 1,452,100 Cost of goods sold during July 1,164,100 Cost of beginning inventory, July 1 4.00 per unit Gross prot on sales for July 935,900 Units Unit cost Total cost July 5 55,000 5.10 280,500 1 1 53,000 5 .00 265,000 15 45,000 5.50 247,500 16 47 000 5.30 249,100 Total purchases 200,000 1,042,100 1. What is the number of units on July 1? 2. How many units were sold during the month of July? 3. What is the cost of the inventory on July 31