Current Attempt in Progress Flounder inc is a retailer using a perpetual inventory system. All sales returns from customers result in the goods being returned to inventory. (Assume that the inventory is not damaged.) Assume that there are no credit transactions; all arnounts are settled in cash. You are provided with the following information for Flounder inc. for the month of January. Jan.Jan.Jan.Jan.Jan.Jan.9910102330samereturmPurchasePurchasereturnSalePurchaseSale10751550100120382424452751 (a) X Your answer is incorrect. Using FIFO method, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit. (Assume sales returns had a cost of $19 and purchase returns had a cost of $24. Cost of goods sold Ending inventory Gross Proht. The parts of this question must be completed in order. This part will be available when you complete the part above: (b) The parts of this question must be dimpleted in order. This part will be wailable when you complete the part above. (c)