Big Fish Company's inventory records for its retail division show the following at October 31: (Click the icon to view the accounting records.) At October 31,8 of these units are on hand. Read the requirements. Requirement 1. Journalize for Big Fish total October purchases in one summary entry, under the perpetual system. All purchases were on credit. (Record debits first, then credits. Exclude explanations from any journal entries.) Data table Requirements Journalize the following for Big Fish Company under the perpetual system: 1. Total October purchases in one summary entry. All purchases were on credit. 2. Total October sales and cost of goods sold in two summary entries. The selling price was $520 per unit, and all sales were on credit. Assume that Big Fish uses the FIFO inventory method. 3. Under FIFO, how much gross profit would Big Fish earn on for the month ending October 31? What is the FIFO cost of Big Fish Company's ending inventory