Company sells one product. Presented below is intormation tor January tor Company: Jan. 1 Inventory 118 Units at 5 each 4. Sale 93 units at 8 each 11 Purchase 165 units at 6 each 13 Sale 136 units at 9 each 20 Purchase 163 units at 7 each 27 sale 104 units at 11 each Wildhorse uses the FIFO cost flow assumption. All purchases and sales are on account. A) Assume Wildhorse uses a periodic system. Prepare all necessary journal entries, including the end of the month entry, to record cost of goods sold. A physical count indicates that the ending inventory for January is 113 units