The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as follows: Date Jan. 1 10 28 30 Feb. 5 10 16 Transaction Inventory Purchase Sale Sale Sale Purchase Sale Number of Units 7,500 22,500 11,250 3,750 1,500 54,000 27,000 Per Unit $ 75.00 85.00 150.00 150.00 150.00 87.50 160.00 Total $ 562,500 1,912,500 1,687,500 562,500 225,000 4,725,000 4,320,000

The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 , are as follows: The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 , are as follows