=+Del Mar Appliances uses the periodic inventory system. Details regarding the inventory of ap¬

pliances at August 1, 2007, purchases invoices during the year, and the inventory count at July 31, 2008, are summarized as follows:

Purchases Invoices Model August 1 1st 2nd 3rd July 31 T742 2 at $125 2 at $130 4 at $135 2 at $140 5 PM18 7 at 242 6 at 250 5 at 260 10 at 259 9 K21G 6 at 80 5 at 82 8 at 89 8 at 90 6 H60W 2 at 108 2 at 110 3 at 128 3 at 130 5 B153Z 8 at 88 4 at 79 3 at 85 6 at 92 8 J600T 5 at 160 4 at 170 4 at 175 7 at 180 8 C273W — 4 at 75 4 at 100 4 at 101 5

(continued)

236 Chapter 6 Instructions