The Vision Consulting Inc. company has the following purchases and sales during the year ended December 31, 2014. Inventory and Purchases Beginning: 300 units @ $28/unit March 23: 200 units @ $29/unit October 22: 100 units @ $30/unit Sales March 26: 200 units December 27: 200 units The units have a selling price of $40.00 per unit. a) Please fill in the table by calculating the dollar value of cost of goods sold and ending inventory, as well as the gross profit earned by Vision Consulting Inc. using the FIFO system. FIFO Cost of Goods Sold Ending Inventory Gross Profit o) Prepare journal entries to record the following (assuming all sales and purchases are for cash): (a) The purchase on March 23, (b) The sale on December 27. Enter the transaction letter as the description when preparing a journal entry. When a transaction requires two separate journal entries, use the same letter for both descriptions. Dates must be entered in the format dd/mmm (ie. 15/Jan). Date General Journal Account/Explanation F Debit Page GJ8 Credit