Question: i need help with this please. Can you please break it down step by step Blossom Company sells leather saddles and equipment for horse enthusiasts.

Blossom Company sells leather saddles and equipment for horse enthusiasts. Blossom uses the perpetual inventory system. The following schedule relates to the company's inventory for the month of May: Calculate Blossom Company's cost of goods sold, gross margin, and ending inventory using FIFO. Cost of goods sold Ending inventory
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