Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 21 units $12 11 Purchase 12 units $16 14 Sale 26 units 21 Purchase 11 units @ $20 25 Sale 12 units Complete the subsidiary inventory ledger assuming the business maintains a perpetual inventory system and compute the cost of merchandise sold and ending inventory using FIFO. Cost of Inventory Purchases Merchandise Sold Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Unit Cost Total Cost Date April 3 11 14 O o S 21 Il Il II III III 25 Ill Total cost of merchandise sold Ending Inventory value