6 4 Required information 4 of 111 Bock Knowledge Check 01 The inventory transactions of VTS Corporation are shown below. Seved Help Save & Exit Sp Number of Unit Date Transaction Units Cost/Price Jan. 1 Beginning inventory 500 $10 May 21 Jul. 15 Purchase Dec. 10 Sale Feb. 25 Sale Purchase 300 20 400 12 500 15 800 20 All purchase/sale transactions are made on credit. The company uses the FIFO method and perpetual inventory system to record transactions. Which of the following will be recorded on May 21?