To solve this problem, use the information in Self-Study Prob- lem 1. In addition, assume Greencut does not carry work-in- process or finished goods inventory. All units are completed and sold during the month. Salespersons earned commissions of $10,000 in January.

\section*{Required}
A. Prepare an exhibit similar to Exhibit 3 that shows the effects of January's activities on the company's raw materials inventory, purchased parts inventory, work-inprocess inventory, finished goods inventory, and cost of goods sold. Assume that all beginning balances on January 1 were zero, except for purchased parts inventory, which had a beginning balance of \(\$ 25,000\).
B. What was the company's cost of goods sold for January?
C. What was the value of Greencut's raw materials and purchased parts inventories at the end of January?