Assume The Watch Wall began November with an inventory of 30 smart watches that cost $64 each. The Watch Wall sells them for $125 each. During November, The Watch Wall bought and sold inventory as follows. (Click the icon to view the transactions.) Prepare a perpetual inventory record for The Watch Wall under each method. . FIFO Moving-weighted average cost Prepare a perpetual Inventory record using the FIFO method. (For the Inventory on hand columns, list the oldest layer of Inventory first. For the cost of goods sold columns, llst the first out layer of Inventory first) Watches X i Transactions Purchases QTY Unit Cost Tot. Cost Cost of Goods Sold QTY Unit Cost Tot. Cost Inventory on Hand QTY Unit Cost Tot. Cost Date Nov. 1 Nov. 3 Nov. 3 Sold 20 smart watches for $125 each. 16 Purchased 25 smart watches at $66 each 23 Sold 19 smart watches for $125 each. Nov. 16 Print Done Nov. 23 Nov. 30