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Please advise thank you CoursHeroTranscribedText: Ralph's Mini-Mart store in Alpine experienced the following events...

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Accounting

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CoursHeroTranscribedText: Ralph's Mini-Mart store in Alpine experienced the following events during the current year: 1. Incurred $411,000 in selling costs. 2. Incurred $1,211,000 of administrative costs. 3. Purchased $389,000 of merchandise. 4. Paid $30,000 for transportationin costs. 5. Took an inventory at yearend and learned that goods costing $188,000 were on hand. This compared with a beginning inventory of $314,000 on January 1. 6. Determined that sales revenue during the year was $3,105,000. 7. Debited all costs incurred to the appropriate account and credited to Accounts Payable. All sales were for cash. Required: Give the amounts for the following items in the Merchandise Inventory account: Beginning balance (BB) . Transfersin (TI) . Ending balance {EB} . Transfers-out (TO)

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