Beginning inventory, purchases, and sales data for portable game players are as follows Inventory Sale Apx 1 10 15 Purchase 20 Sale 24 30 Sale Purchase 48 units $76 32 units 27 units $79 22 unita 9 units 37 units $84 The business maintains a perpetual inventory system, costing by the first-in, first-out method a. Determine the cast of the merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form ilustrated in Exhibit 3. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER unit cost first in the Cost of Merchandise Sold Unit Cost column and in the Inventory Unit Cost column.