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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

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 120 units @ $2= $ 240
January 3 Sales 94 units @ $ 8
February 14 Purchase 174 units @ $3= $ 522
February 15 Sales 140 units @ $ 8
June 30 Purchase 170 units @ $4= $ 680
November 6 Sales 134 units @ $ 8
November 19 Purchase 52 units @ $5= $ 260
Totals 516 units $ 1,702368 units

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