At the beginning of November, Yoshi Incorporated's inventory consists of 66 units with a cost per unit of $94. The following transactions occur during the month of November. Novesber 2 Purchane 80 units of inventory on accoont tron foad Incorporated for $100 per unit, terns 3/10, n/30. Novesbex 3 Pay cash for freight charges related to the Novenber 2 purchave, $320. Novenber 9 Return 16 defective unita fron the Novenber 2 purehase and receive credit. Novenber 11 pay Toad incorporated in full. Novenber 16 sel1 100 units of inventory to cuntoners on account, 512,400 . (Hint, The cost of units sold from the Noveaber 2 purchase ineludes $100 unft cost plus $5 per unit for freight less $3 per unit for the purchase discount, or $102 per unit.) Novonber 20 heceive ful1 paypent from custoners related to the sale on hovenber 16. Hovember 21 purchase 54 units of inventory fron road Incorporated for $104 per unit, terna 2/10, a/30. November 24sel170 units of inventory to custoners for cash, $7,500. (Note: For colculating the cost of inventory nold, ignore the posafble purchase discount on Noveaber 20.) Required: 1. Assuming that Yoshi incorporated uses a FIFO perpetual inventory system to maintain its internal inventory records, record the transactions. 2. Suppose by the end of November that the remaining inventory is estimated to have a net realizable value per unit of $81, record any necessary adjustment for the lower of cost and net realizable value. 3. Prepare the top section of the multiple-step income statement through gross profit for the month of November after the adjusting entry for lower of cost and net realizable value. Complete this question by entering your answers in the tabs below. Assuming that Yoshi Incorporated uses a FIFO perpetual inventory system to maintain its internal inventory reconds, record the transactions. (If no entry is required for a transactionvevent, select "No Journal Entry Required" in the first account field.) Tnumangl antririninmehoat View transaction list View journal entry worksheet \begin{tabular}{|c|c|l|c|c|} \hline No & \multicolumn{1}{|c|}{ Date } & \multicolumn{1}{c|}{ General Journal } & Dobit & Credit \\ \hline 1 & November 30 & Cost of Goods Sold & & \\ \hline & & Inventory & & \\ \hline \end{tabular} 3> Prepare the top section of the multiple-step income statement through gross profit for the mon adjusting entry for lower of cost and net realizable value