Wells Company had the following transactions during February:

1. Purchased 135 units at \(\$ 65\) on account.

2. Sold 108 units at \(\$ 90\) on account.

3. Purchased 170 units at \(\$ 75\) on account.

4. Sold 122 units at \(\$ 95\) on account.

5. Sold 67 units at \(\$ 100\) on account.

The beginning inventory consisted of 67 units purchased at a cost of \(\$ 55\).

Prepare the journal entries relating to inventory for these five transactions, assuming Wells accounts for inventory using perpetual inventory procedure and the LIFO inventory method. Do not record the entries for sales.