[The following information applies to the questions displayed below.]

Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March.

Date	Activities	Units Acquired at Cost	Units Sold at Retail
March 1	Beginning inventory	105	units	@ $40 per unit
March 5	Purchase	405	units	@ $45 per unit
March 9	Sales				425	units	@ $75 per unit
March 18	Purchase	130	units	@ $50 per unit
March 25	Purchase	210	units	@ $52 per unit
March 29	Sales				170	units	@ $85 per unit
	Totals	850	units		595	units

For specific identification, the March 9 sale consisted of 70 units from beginning inventory and 355 units from the March 5 purchase; the March 29 sale consisted of 45 units from the March 18 purchase and 125 units from the March 25 purchase.