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urrent Attempt in Progress On May 1 , Sheridan Company had 4 3 0 units of inventory on hand, at a cost of $ 4

urrent Attempt in Progress
On May 1, Sheridan Company had 430 units of inventory on hand, at a cost of $4.00 each. The company uses a perpetual inventory system. All purchases and sales are on account. A record of inventory transactions for the month of May for the company is as follows
\table[[Purchases,Sales],[May 4,1,400,@,$4.10,May 3,260,@,$7.00
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