A retailer uses the perpetual inventory and FIFO to value its inventory and cost of goods sold. The business recorded the following inventory transactions during the month of May. Sales Unit Price Units May 1 3 10 13 Purchases Units Unit Cost Beginning inventory 95 $55 Purchase 130 $60 Sale Purchase 75 $75 Sale 115 $110 25 100 $110 Instructions: Use the perpetual FIFO method to answer the following questions concerning May inventory transactions. Calculate inventory and cost of goods sold to the nearest dollar ($1). Part A: What is the Cost of Goods sold for the May 10 sale ($)? Part B: What is the inventory balance ($) after the May 10 sale? > Part C: What is the cost of goods sold ($) for the May 25 sale? Part D: What is the ending inventory balance ($) on May 31