P7-3 Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7-2, 7-3 The following information applies to the questions displayed below. At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $16.00 per unit: Transactions Inventory, January 1 Purchase, January 12 Purchase, January 26 Sale Sale Units Amount 500 $2,650 640 4,672 10 1023 (390)