Use the following information to complete this exercise: sales, 850 units for $29, 400: beginning inventory, 600 units: purchases. 700 units: ending inventory, 450 units; and operating expenses. $6, 800. Required: 1. Complete the table for each situation. In Situations A and B (costs rising), assume the following: beginning inventory. 600 units at $14 = $8, 400: purchases. 700 units at $16 = $11, 200. In Situations C and D (costs falling), assume the opposite; that is, beginning inventory, 600 units at $16 = $9, 600; purchases. 700 units at $14 = $9, 800. Use periodic inventory procedures