A10 Periodic Inventory by Three Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows: Purchases Invoices Inventory Inventory Count, Model January 1 1st 2nd 3rd December 31 4 at $64 4 at $704 at $ 76 B15 Bat $ 176 4 at 158 3 at 170 6 at 184 E60 75 3 at 65 15 at 68 9 at 70 7 at 292 6 at 250 Sat 260 10 at 259 134 12 at 240 10 t 246 16 267 16 at 270 M90 108 2 at 1103 at 128 3 at 130 Q70 5 at 1604 at 1704 at 1757 at Required: 180 1. Determine the cost of the inventory on December 31 by the first in, first-out method. If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY forst. Dymac Appliances