Item 1 Item 1 Seminole Company began the year with 23,000 units of product in its January 1 inventory costing $15 each. It made purchases of its product during the year as follows. The company uses a periodic inventory system. On December 31, a physical count reveals that 40,000 units of its product remain in inventory. Mar May 25 39,000 units $20.00 each Aug Nov. 10 35,000 units $26.00 each 7 30,000 units $18.00 each 1 23,000 units $25.00 each Required: 1. Compute the number and total cost of the units available for sale in year 2017