The beginning inventory of merchandise at Dunne Co. and data on purchase and sales for a three month period ending June 30 are as follows:-

The beginning inventory of merchandise at Dunne Co. and data on purchase and sales for a three month period ending June 30 are as follows:- Date Trransaction Number of units Per unit Total 03-Apr Inventory 25  $                   1,200.00  $         30,000.00 08-Apr Purchase 75  $                   1,240.00  $         93,000.00 11-Apr Sale 40  $                   2,000.00  $         80,000.00 30-Apr Sale 30  $                   2,000.00  $         60,000.00 08-May Purchase 60  $                   1,260.00  $         75,600.00 10-May Sale 50  $                   2,000.00  $      1,00,000.00 19-May Sale 20  $                   2,000.00  $         40,000.00 28-May Purchase 80  $                   1,260.00  $      1,00,800.00 05-Jun Sale 40  $                   2,250.00  $         90,000.00 16-Jun Sale 25  $                   2,250.00  $         56,250.00 21-Jun Purchase 35  $                   1,264.00  $         44,240.00 28-Jun sale 44  $                   2,250.00  $         99,000.00 Required:  1)  Calculate cost of goods sold and Ending Inventory underWeighted Average Perpetual Inventory method. 2) Pass the necessary Journal Entry for purchase and sales. 3) Determine the Gross Profit 4) Determine the Ending Inventory