SSI Jsc., applied accrual basis, perpetual inventory system with moving average method and prepare financial statements monthly I. Openning balance as at 019, May, 2021 as follows: Cash 650 Accounts payable 250 Accounts receivable 800 Common stock 2.500 Prepaid rent expense 100 Salaries payable 150 1.800 Retained earnings 550 Merchandise (Merchandise A, quantity: 100kg, unit cost: 18/kg) Fixed asset 2.400 Accumulated depreciation (2.300) Other accounts have zero balance or no balance. II. The following transactions related to Merchandise incurred in May, 2021 - On 8/5: Purchased 350kg merchandise A, purchasing unit cost: 20/kg - On 17/5: Issued merchandise A for sales, quantity: 120kg, selling unit price: 30/kg. - On 20/5: Purchased 400kg merchandise A, purchasing unit cost 30/kg - On 26/5: Issued merchandise A for sales, quantity: 280kg, selling unit price: 32/kg. - On 28/5: Purchased 120kg merchandise A, purchasing unit cost 25/kg - On 31/5: Issued merchandise A for sales, quantity: 70kg, selling unit price: 35/kg. Required