was someone able to find this answer? specifically row k? im not sure if those answers i typed are right. can i have some help please?

Jems: Series A OBJ. 2,3 PR 7-1A FIFO perpetual inventory 5 The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31, are as follows: Number of Units Per Unit Date Transaction Jan. 1 7,500 $ 75.00 Total $ 562,500 1.912,500 1,687,500 10 Inventory Purchase Sale Sale 85.00 22,500 11,250 28 150.00 30 150.00 562,500 3,750 1,500 Feb. 5 150.00 225,000 4,725,000 10 87.50 Sale Purchase Sale Sale 16 160.00 4,320,000 54,000 27,000 25,500 45,000 28 160.00 4,080,000 Mar. 5 Purchase 89.50 4,027,500 14 Sale 160.00 4,800,000 25 30,000 7,500 26,250 Purchase Sale 90.00 30 675,000 4,200,000 160.00 Instructions 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one illustrated in Exhibit 3, using the first-in, first-out method. 2. Determine the total sales and the total cost of merchandise sold for the period. Jour- nalize the entries in the sales and cost of merchandise sold accounts. Assume that all sales were on account. 3. Determine the gross profit from sales for the period. 385 Chapter 7 Inventories 4. Determine the ending inventory cost as of March 31, 5. Based upon the preceding data, would you expect the inventory using the last-in, first-out method to be higher or lower? B E 141 15 16 17 D Purchases Unit Quantity Cost Total Cost F H Cost of Merchandise Sold Unit Total Quantity Cost Cost Date K Inventory Unit Total Cost Cost $75.00 $ 562,500 $85.00 $ 562,500 $150.00 1912.500 Quantity 7,500 22.500 11,250 Jan 1 10 22,500 585 00 51912 500 28 11.250 $85.00 $ 956,250 18 19 20 21 22 23 24 25 30 Feb 5 10 3.750 1.500 $85.00 585 00 $ S 318,750 127.500 11,250 7.500 7,500 7,500 $75.00 $75.00 $75.00 $ 562,500 $ 956,250 $ 562,500 $ 562,500 54.000 $87 50 54.725,000 25 27,000 $87.50 $ 2,362,500 27 28 16 28 29 Mat 5 45.000 589 50 $4,027 500 30 31 14 30,000 $89.50 5.2.685.000 312 33 25 7.500 $90.00 $575.000 34 30 7.500 590.00 $ 675,000 35 36 37 38 31 Balances S 11,021,250 5881.250 Pr. 7.1A