Aocounting records for Allegheny Corporation yield the following data for the year ended June 30,2021 (assume sales retums are nonexistent): (Click the icon to view the aocounting records.) Read the requirements. Requirement 1. Journalize Alegheny's inventory transactions for the year under the perpetual system. (Record debits first, then credits. Exclude explanations from any journal entries.) The first transaction is the purchase of inventory. Record the entry. Requirement 2. Report ending inventory, sales, cost of goods sold, and gross profit on the appropriate financial statement. (if an input feid is not used in the table leave the field empty, do not select a label or enter a zero.) Report the appropriate account(s) on the balance sheet. Report the appropriate account(s) on the income statement. Data table Requirements 1. Journalize Allegheny's inventory transactions for the year under the perpetual 2. Report ending inventory, sales, cost of goods sold, and gross profit on the system. appropriate financial statement