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Tree Seedlings has the following current-year purchases and sales for its only product.

Date	Activities	Units Acquired at Cost	Units Sold at Retail
January 1	Beginning inventory	40	units	@ $2	=	$ 80
January 3	Sales						30	units	@ $8
February 14	Purchase	70	units	@ $3	=	$ 210
February 15	Sales						60	units	@ $8
June 30	Purchase	90	units	@ $4	=	$ 360
November 6	Sales						86	units	@ $8
November 19	Purchase	20	units	@ $5	=	$ 100
	Totals	220	units			$ 750	176	units

Record journal entries for Tree Seedlings sales and purchases transactions. Assume for this assignment that the company uses a perpetual inventory system and LIFO. All sales and purchases are made on account, and no discounts are offered.