Sunland Inc. is a retailer operating in British Columbia. Sunland uses the perpetual inventory system. All sales returns from customers result in the goods being returned to inventory; the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Sunland Inc. for the month of January 2022. Date Description Quantity Unit Cost or Selling Price January 1 Beginning inventory 100 $12 January 5 Purchase 142 15 January 8 Sale 114 26 January 10 Sale return 10 26 January 15 Purchase 55 17 January 16 Purchase return 5 17 January 20 Sale 88 32 January 25 Purchase 17 19