Check my work 12 Tetra Company purchased 2,800 units of inventory that cost $6.00 each on January 1, Year 1. An additional 3,800 units of inventory were purchased on January 12 Year 1 at a cost of $4.10 each. Tetra Company sold 4,800 units of inventory on January 20, Year 1. Assuming that Tetra Co. uses the perpetual inventory method and a FIFO cost flow method, how would the entry to recognize the cost of goods sold affect the financial statements? ook Multiple Choice Increase inventory and increase cost of goods sold by 25,100 Increase inventory and increase cost of goods sold by $25,000 Decrease cost of goods sold and increase inventory by $25,100 Increase cost of goods sold and decrease inventory by 25,000