(15 points-9 points for correct perpetual inventory record, 2 points each for COGS, Ending Merchandise Inventory and Gross Profit Figures)) Iron Hill began August with 62 units of iron inventory that cost $30 each. During August, the company completed the following inventory transactions: Aug. 3 Sale 55 units @ $65 each Aug. 8 Purchase 78 units @ $35 each Aug. 21 Sale 70 units @ $72 each Aug. 30 Purchase 30 units @ $42 each Prepare a perpetual inventory record for the merchandise inventory using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. cost of goods sold = ? ending merchandise inventory = ? gross profit=? Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Quantity Cost Cost Quantity Cost Cost Cost Cost Aug 1 3 8 21 30 Totals