JD Traders had the following transactions regarding a particluar stock item for the month of June 2012.Date Transaction1 June Opening stock 200 units at R15 each5 June Sold 30 units8 June Purchased 130 units at R18 each20 June Sold 200 units25 JunePurchased 270 units at R20 each30 JuneSold 85 units2.1 Prepare a stock ledger card using a weighted average cost method. Use following headings:Date Received Issued Balance2.2 Calculate the following for the month of June:a) The cost of sales using the weighted average methodb) the amount of gross profit if the firm applies to mark-up of 60% on cost pricec)The total amount of sales