The beginning inventory for Midnight Supplies and data on purchases and sales for a three month period are as follows: Date Transaction Number of Units Per Unit Total Jan 1 Inventory 10 Purchase 28 Sale 30 Sale 7,500 22,500 11,250 3,750 1,500 54,000 27,000 25,500 45,000 0,000 7,500 26,250 $ 75.00 $ 562,500 1,912,500 1,687,500 562,500 225,000 4,725,000 ,320,000 4,080,000 ,027,500 800,000 675,000 160.004,200,000 85.00 150.00 50.00 150.00 Feb. 5 Sale 10 Purchase 16 Sale 28 Sale 5 Purchase 14 Sale 25 Purchase 30 Sale 87.50 60.00 60.00 Mar. 89.50 60.00 90.00