X company prepares monthly financial statements and uses the periodic weighted average method. At April 30, 2021, in inventory there were 2,500 units on hand that cost $10.00 per unit. In addition, the following information from X Company was provided for the month of May, 2021. Date Description Quantity (units) Unit cost/selling price May 5 Purchase 2,000 $10.50 May 11 Sale 1,100 $13 May 16 Purchase 2,600 $11 May 22 Sale 2,100 $14.50 Sale 2,900 $14.50 May 31 Purchase 1,700 $12 May 30 Prepare the journal entries required on May 31, 2021 to record the cost of goods sold. Use four decimal places when calculating unit costs