Beginning merchanu Purchases (net) Merchandise available for sale 5 960,000 oblems: Series A 0BJ.2.3 PR 7-1A FIFO perpetual inventory The beginning inventory at Funky Party Supplies and three-month period ending March 31, 2016, are as follows: data on purchases and sales fo. Or a 6,750 Number Per of Units Unit 2,500 $60.00 $150,000 7,500 68.00 510,000 3,750 120.00 450,000 1,250 120.00 150,000 Date Transaction Jan. 1 Inventory Total 10 Purchase 28 Sale 30 Sale