Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $14 11 Purchase 14 Sale 16 units @ $16 22 units 21 Purchase 12 units $20 15 units Complete the inventory record assuming the business maintains a perpetual inventory system, and determine the cost of goods sold and ending inventory using FIFO. 25 Sale Purchases Date April 3 Qty Purchases Unit Cost Purchases Total Cost Cost of Goods Sold Qty Cost of Goods Sold Unit Cost Cost of Goods Sold Total Cost Inventory Inventory Inventory Qty Unit Cost Total Cost 18 14 252 11 16 16 256 18 14 252 16 16 256 14 21 25 Balances Check My Work 1 more Check My Work uses remaining 18 14 252 000 Next > All work saved. Email Instructor Submit Test for Grading