25 Sale Complete nventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using FIFO. Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 11 Purchase 21 units $16 13 units $19 26 units 21 Purchase 11 units @ $21 13 units 14 Sale Purchases Cost of Goods Sold Inventory Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost April 3 11 14 21 23 25 25 Total Cost of goods sold Ending inventory value