Question: The beginning inventory for Dunne Co . and data on purchases and sales for a three - month period are shown below. Required: Determine (

The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are shown below.
Required:
Determine (A) the Ending Inventory on June 30 and (B) the Cost of Goods Sold for the three-month period, using the first-in, first-out (FIFO) method and the Periodic Inventory System.
The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are as follows:
Apr. 3 Inventory 25,$1,200$30,000
\table[[8,Purchase,75,1,240,93,000],[11,Sale,40,2,000,80,000],[30,Sale,30,2,000,60,000]]
10 Sle ,50,2,000,100,000
19 Sale 20,2,000*40,000
28 Purchase 80,1,260,100,800
\table[[June Sale,,,],[5,40,2,250,$90,000
 The beginning inventory for Dunne Co. and data on purchases and

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